Gas Prices Decline for Fifth Straight Week

Every state saw gas prices decline in its average

Average gas prices in Riverside have declined 28.3 cents per gallon in the last week, averaging $4.38/g today, according to GasBuddy’s survey of 481 stations in Riverside. Prices in Riverside are 95.2 cents per gallon lower than a month ago and stand 20.7 cents per gallon lower than a year ago. The national average price of diesel has fallen 14.9 cents in the last week and stands at $4.91 per gallon.

According to GasBuddy price reports, the cheapest station in Riverside was priced at $3.72/g yesterday while the most expensive was $4.99/g, a difference of $1.27/g. The lowest price in the state yesterday was $3.25/g while the highest was $7.79/g, a difference of $4.54/g.

The national average price of gasoline has fallen 14.4 cents per gallon in the last week, averaging $3.21/g today. The national average is down 56.5 cents per gallon from a month ago and stands 11.0 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:

• December 12, 2021: $4.59/g (U.S. Average: $3.32/g)
• December 12, 2020: $3.09/g (U.S. Average: $2.15/g)
• December 12, 2019: $3.58/g (U.S. Average: $2.58/g)
• December 12, 2018: $3.30/g (U.S. Average: $2.39/g)
• December 12, 2017: $3.08/g (U.S. Average: $2.45/g)
• December 12, 2016: $2.64/g (U.S. Average: $2.21/g)
• December 12, 2015: $2.66/g (U.S. Average: $2.01/g)
• December 12, 2014: $2.88/g (U.S. Average: $2.59/g)
• December 12, 2013: $3.59/g (U.S. Average: $3.24/g)
• December 12, 2012: $3.63/g (U.S. Average: $3.31/g)

Neighboring areas and their current gas prices:

• San Bernardino — $4.31/g, down 30.4 cents per gallon from last week’s $4.61/g.
• Orange County — $4.48/g, down 19.5 cents per gallon from last week’s $4.68/g.
• Los Angeles — $4.54/g, down 22.2 cents per gallon from last week’s $4.76/g.

“Not only has the decline in gasoline prices lasted five straight weeks, with again every state seeing a weekly decline in its average, but average diesel prices have fallen in 49 states over the last week as well. The relief is saving Americans roughly $20 per fill-up compared to six months ago,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “On the previously hard-hit West Coast, average prices have fallen nearly $2 per gallon since October. Fifteen states now have average gasoline prices of $2.99 or less, with several more to join this week. We remain on schedule to see the national average gas price fall below $3 by Christmas, with diesel set to fall 50 cents to $1 per gallon over the next six weeks or so. While the Keystone Pipeline shutdown has been getting some attention, motorists need not worry much about the oil-carrying pipeline for now. There is no expected impact to gasoline prices as of now.”