Eighth Consecutive Week for Dip in Gas Prices

Fuel prices down eighth consecutive week

For the eighth consecutive week, average gasoline prices in Riverside have fallen. In the past week, they dipped 6.5 cents per gallon, averaging $4.95/g today, according to GasBuddy’s survey of 481 stations in Riverside. Prices in Riverside are 70.4 cents per gallon lower than a month ago and stand 33.7 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.2 cents in the last week and stands at $4.34 per gallon.

According to GasBuddy price reports, the cheapest station in Riverside was priced at $4.29/g yesterday while the most expensive was $5.97/g, a difference of $1.68/g. The lowest price in the state yesterday was $3.89/g while the highest was $7.79/g, a difference of $3.90/g.

The national average price of gasoline has fallen 4.6 cents per gallon in the past week, averaging $3.33/g today. The national average is down 24.8 cents per gallon from a month ago and stands 42.6 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Riverside and the national average going back ten years:

• November 13, 2022: $5.28/g (U.S. Average: $3.76/g)
• November 13, 2021: $4.56/g (U.S. Average: $3.41/g)
• November 13, 2020: $3.10/g (U.S. Average: $2.12/g)
• November 13, 2019: $3.96/g (U.S. Average: $2.62/g)
• November 13, 2018: $3.63/g (U.S. Average: $2.68/g)
• November 13, 2017: $3.21/g (U.S. Average: $2.56/g)
• November 13, 2016: $2.78/g (U.S. Average: $2.15/g)
• November 13, 2015: $2.83/g (U.S. Average: $2.18/g)
• November 13, 2014: $3.15/g (U.S. Average: $2.91/g)
• November 13, 2013: $3.57/g (U.S. Average: $3.17/g)

Neighboring areas and their current gas prices:

• San Bernardino — $4.87/g, down 11.3 cents per gallon from last week’s $4.98/g.
• Orange County — $4.99/g, down 7.0 cents per gallon from last week’s $5.06/g.
• Los Angeles — $5.12/g, down 7.7 cents per gallon from last week’s $5.19/g.

“As motorists turn their attention to Thanksgiving, they certainly can be thankful for the decline in gasoline prices, which has now reached eight straight weeks. GasBuddy counts 11 states where average prices are below $3 per gallon, with several more to join this week. Even in California, the nation’s most expensive gasoline average will fall below $5 in the next 48 hours,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Gasoline demand has struggled in recent weeks, falling not only due to the seasonal nature, as Americans drive less as the weather gets colder, but it appears there may be some economic headwinds entering the equation as well.”