As many motorists prepare to hit the road for the holiday weekend, some are wondering how much higher will prices get
Riverside gas prices have risen 1 cent per gallon in the past week, averaging $4.08/g today, according to GasBuddy’s daily survey of 481 stations in Riverside. How much higher will they go? Gas prices in Riverside are 13.4 cents per gallon higher than a month ago and stand $1.29/g higher than a year ago.
According to GasBuddy price reports, the cheapest station in Riverside is priced at $3.43/g today while the most expensive is $4.89/g, a difference of $1.46/g. The lowest price in the state today is $3.43/g while the highest is $5.56/g, a difference of $2.13/g.
The national average price of gasoline has fallen 1.9 cents per gallon in the last week, averaging $3.02/g today. The national average is up 14.0 cents per gallon from a month ago and stands $1.07/g higher than a year ago.
Historical gasoline prices in Riverside and the national average going back ten years:
- May 24, 2020: $2.79/g (U.S. Average: $1.95/g)
- May 24, 2019: $3.92/g (U.S. Average: $2.84/g)
- May 24, 2018: $3.70/g (U.S. Average: $2.97/g)
- May 24, 2017: $3.00/g (U.S. Average: $2.37/g)
- May 24, 2016: $2.77/g (U.S. Average: $2.29/g)
- May 24, 2015: $3.86/g (U.S. Average: $2.75/g)
- May 24, 2014: $4.10/g (U.S. Average: $3.66/g)
- May 24, 2013: $4.02/g (U.S. Average: $3.65/g)
- May 24, 2012: $4.29/g (U.S. Average: $3.68/g)
- May 24, 2011: $4.06/g (U.S. Average: $3.82/g)
Neighboring areas and their current gas prices:
- San Bernardino — $4.07/g, down 1.9 cents per gallon from last week’s $4.09/g.
- Orange County — $4.14/g, up 0.4 cents per gallon from last week’s $4.13/g.
- Los Angeles — $4.16/g, down 0.9 cents per gallon from last week’s $4.17/g.
“In the lead up to Memorial Day, we haven’t seen gas prices come down much, though with oil’s recent move lower, we should start to see more drops at the pump materialize in the days ahead,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “With the Colonial Pipeline situation continuing to improve in Southeastern states, fueling up for the holiday weekend shouldn’t be too challenging, save for a few pockets in GA, NC and SC, where outages remain a bit higher than neighboring states. For those hitting the road, we should see prices inch lower in the coming week through at least Memorial Day, so motorists need not rush to fill their tanks as the drop in oil prices should manifest into lower gas prices as we begin the summer driving season.”
Image Sources
- Insane Gas Prices Just Ahead: Shutterstock