Consumers across the Coachella Valley were cashing in grocery points and travelling to Costco trying to find the least expensive gas possible Sunday as average retail gasoline prices in Riverside have risen 3.0 cents per gallon in the past week, averaging $3.57 per gallon Sunday, according to GasBuddy’s daily survey of 481 gas outlets in Riverside.
This compares with the national average that has increased 4.3 cents per gallon in the last week to $2.81/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Riverside during the past week, prices yesterday were 59.0 cents per gallon higher than the same day one year ago and are 9.3 cents per gallon higher than a month ago. The national average has increased 15.2 cents per gallon during the last month and stands 42.9 cents per gallon higher than this day one year ago.
According to GasBuddy historical data, gasoline prices on April 30 in Riverside have ranged widely over the last five years: $2.98 per gallon in 2017, $2.80 per gallon in 2016, $3.55 per gallon in 2015, $4.29 per gallon in 2014 and $3.87 per gallon in 2013.
Areas near Riverside and their current gas price climate:
- San Bernardino- $3.53 per gallon, up 1.2 cents per gallon from last week’s $3.52 per gallon.
- Orange County- $3.61 per gallon, up 2.1 cents per gallon from last week’s $3.59 per gallon.
- Los Angeles- $3.64 per gallon up 1.6 cents per gallon from last week’s $3.63 per gallon.
“The national average is now at its highest point since November 2014 with average gas prices advancing in nearly every state,” said Patrick DeHaan, head of petroleum analysis for GasBuddy in a prepared statement. “The only good news for motorists? We’re nearing a turning point in the U.S. — gas prices are perhaps just a dime away from hitting a peak for the short-term, pending OPEC’s meeting in June. With refineries well positioned for the summer months, we look for some relief by mid-June, but do expect this summer to remain one of the priciest in the last few as average prices climb close to the psychological $3 per gallon barrier.”
For LIVE fuel price averages, visit here.
