RIVERSIDE — Gasoline prices in Riverside have fallen a little — 0.5 cents per gallon in the past week, averaging $3.52 per gallon Sunday, according to GasBuddy’s daily survey of 481 stations in Riverside.
This compares with the national average that has also fallen a little — 1.1 cents per gallon versus last week to $2.85 per gallon, according to GasBuddy.
Average gasoline prices on August 13 in Riverside have ranged widely over the last five years from a little to a lot: $2.90 per gallon in 2017, $2.58 per gallon in 2016, $3.75 per gallon in 2015, $3.83 per gallon in 2014 and $3.88 per gallon in 2013.
Including the little change locally during the past week, prices yesterday were 62.1 cents per gallon higher than a year ago and are 5.0 cents per gallon lower than a month ago. The national average has dropped 3.6 cents per gallon during the last month and stands 50.3 cents per gallon higher than a year ago.
Areas near Riverside and their current gas price climate showed a little drop:
- San Bernardino — $3.47 per gallon, down 3.7 cents per gallon from last week’s $3.51 per gallon.
- Orange County — $3.55 per gallon, down 1.9 cents per gallon from last week’s $3.57 per gallon.
- Los Angeles — $3.61 per gallon, down 2.0 cents per gallon from last week’s $3.63 per gallon.
“Yet again, average gas prices have remained fairly quiet. This summer has been remarkably mum at pumps with most states seeing prices move in an uncharacteristically (a little)(a summer range of 10-20 cents per gallon or less,” Patrick DeHaan, head of petroleum analysis for GasBuddy, said in a prepared statement. “Oil prices continue to be range bound between $67 and around $73 per barrel as of late as competing factors weigh on oil prices at very similar times. Oil inventories have continued to decline, but gasoline inventories remain healthy, and with summer drawing to a close and gasoline demand set to step down, we may see (a little) additional relief coming barring any disruptions to the flow of oil or gasoline like a major hurricane. ”
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