Iran ‘Excursion’ Pinches Wallets

Iran ‘Excursion’ wreaks Havoc on Gasoline Prices

RIVERSIDE — Some call it war, President Donald Trump has referred to what’s happening in Irana only “a little excursion.”

In the wake of the excursion, average gasoline prices in Riverside have risen 4.1 cents per gallon in the last week, averaging $5.75/g today, according to GasBuddy’s survey of 481 stations in Riverside. Prices in Riverside are 122.4 cents per gallon higher than a month ago and stand $1.14/g higher than a year ago. The national average price of diesel has increased 14.3 cents compared to a week ago and stands at $5.369 per gallon, the highest level since July 27, 2022.

According to GasBuddy price reports, the cheapest station in Riverside was priced at $4.78/g yesterday while the most expensive was $6.39/g, a difference of $1.61/g. The lowest price in the state yesterday was $4.49/g while the highest was $9.99/g, a difference of $5.50/g.

The national average price of gasoline has risen 2.4 cents per gallon in the last week, averaging $3.95/g today. The national average is up 97.9 cents per gallon from a month ago and stands 83.8 cents per gallon higher 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 five years:

March 30, 2025: $4.61/g (U.S. Average: $3.11/g) March 30, 2024: $5.00/g (U.S. Average: $3.52/g) March 30, 2023: $4.77/g (U.S. Average: $3.49/g) March 30, 2022: $5.95/g (U.S. Average: $4.24/g) March 30, 2021: $3.88/g (U.S. Average: $2.87/g)

Neighboring areas and their current gas prices:

• San Bernardino- $5.78/g, up 7.2 cents per gallon from last week’s $5.71/g.
• Orange County- $5.87/g, up 5.6 cents per gallon from last week’s $5.82/g.
• Los Angeles- $5.95/g, up 11.1 cents per gallon from last week’s $5.84/g.

“Gasoline and diesel prices continue to climb to multi-year highs as the effective closure of the Strait of Hormuz curtails the flow of millions of barrels of crude oil each day,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The situation remains highly volatile and unpredictable, but upward pressure on fuel prices is likely to persist as long as global oil supplies are constrained by the continued disruption in the Strait. We’re likely to see the national average for gasoline push beyond the $4-per-gallon mark, while diesel could approach $6 per gallon and potentially set new records if conditions fail to improve. Americans have already spent nearly $8 billion more on gasoline over the past month, a trend that poses growing risks to the broader economy, while surging diesel prices may begin to reaccelerate inflation.”