The average price of a gallon of self-serve regular gasoline in Riverside County rose Saturday for the 12th consecutive day, increasing 1.6 cents to $3.276, its highest amount since March 18.
The average price is 5.8 cents higher than one week ago and 16.4 cents more than one month ago, but 22.4 cents less than one year ago, according to figures from the AAA and Oil Price Information Service.
Pump prices are rising at their highest rate since June because crude oil is at its highest price in nearly a year — in large part because of Saudi Arabia’s announcement that it would cut production in response to lower expected demand in 2021, according to Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
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