RIVERSIDE —Gasoline prices in Riverside have risen 4.2 cents per gallon in the past week, averaging $3.22/g Sunday, according to GasBuddy’s daily survey of 481 stations in Riverside. This compares with the national average that has increased 0.7 cents per gallon versus last week to $2.28/g, according to GasBuddy.

Average gasoline prices on Feb. 11 in Riverside have ranged widely over the last five years: $3.37/g in 2018, $2.87/g in 2017, $2.57/g in 2016, $2.67/g in 2015 and $3.66/g in 2014.

Including the change locally during the past week, prices yesterday were 14.4 cents per gallon lower than a year ago and are 4.5 cents per gallon higher than a month ago. The national average has increased 3.1 cents per gallon during the last month and stands 28.8 cents per gallon lower than a year ago.

Areas near Riverside and their current gasoline price climate:

  • San Bernardino — $3.18/g, up 0.4 cents per gallon from last week’s $3.18/g.
  • Orange County — $3.29/g, up 0.6 cents per gallon from last week’s $3.28/g.
  • Los Angeles — $3.31/g, up 1.4 cents per gallon from last week’s $3.30/g.

“The national average price of gasoline barely nudged higher last week, driven primarily by stations hiking prices notably in the Great Lakes early last week, pushing the national average to $2.30 per gallon mid-week before those states saw stations again cutting prices and chiseling away at the nation’s average price over the weekend,” Patrick DeHaan, head of petroleum analysis for GasBuddy, said in a prepared statement. “With oil prices sinking last week to $51 per barrel on concerns over a slowdown in trade talks with China, many states saw a respite in gasoline prices. However, as pipeline specifications begin to shift towards the first step towards summer gasoline requirements in the weeks ahead, the overhang in gasoline inventories will likely start to dry up and push gas prices higher.”

For LIVE fuel price averages, click here.

Image Sources

  • Riverside gas: Cindy Uken