Riverside gas prices have fallen 0.8 cents per gallon in the past week, averaging $3.12/g today, according to GasBuddy’s daily survey of 481 stations. Gas prices in Riverside are 2.2 cents per gallon higher than a month ago and stand 36.8 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Riverside is priced at $2.55/g today while the most expensive is $4.39/g, a difference of $1.84/g. The lowest price in the state today is $2.55/g while the highest is $4.99/g, a difference of $2.44/g.

The national average price of gasoline has fallen 1.2 cents per gallon in the last week, averaging $2.16/g today. The national average is down 3.9 cents per gallon from a month ago and stands 45.2 cents per gallon lower than a year ago.

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

  • August 17, 2019: $3.49/g (U.S. Average: $2.61/g)
  • August 17, 2018: $3.50/g (U.S. Average: $2.84/g)
  • August 17, 2017: $2.92/g (U.S. Average: $2.33/g)
  • August 17, 2016: $2.58/g (U.S. Average: $2.13/g)
  • August 17, 2015: $3.74/g (U.S. Average: $2.68/g)
  • August 17, 2014: $3.82/g (U.S. Average: $3.45/g)
  • August 17, 2013: $3.84/g (U.S. Average: $3.53/g)
  • August 17, 2012: $4.08/g (U.S. Average: $3.72/g)
  • August 17, 2011: $3.69/g (U.S. Average: $3.58/g)
  • August 17, 2010: $3.13/g (U.S. Average: $2.72/g)

Neighboring areas and their current gas prices:

  • San Bernardino — $3.10/g, down 1.6 cents per gallon from last week’s $3.11/g.
  • Orange County — $3.18/g, up 1.5 cents per gallon from last week’s $3.16/g.
  • Los Angeles — $3.18/g, up 0.6 cents per gallon from last week’s $3.17/g.

“For the seventh straight week and now some 53 days, the national average price of gasoline has stayed in a range of less than a nickel, an incredible feat for the summer driving season, and a level of summer stability we haven’t seen in decades,” Patrick De Haan, head of petroleum analysis for GasBuddy, said in a prepared statement. “However, with new data from the Pay with GasBuddy payments card showing weekly demand last week rose to a fresh coronavirus high, we may see some upside in oil prices propelled by the good news that demand is solidly moving higher again. Should demand continue to rebound, its only natural that with less oil on global markets, prices are likely to drift to the upside if the situation continues to improve. ”

 

Image Sources

  • Gas Prices: Shutterstock