Good news for local motorists: Riverside gas prices tumble

Riverside gas prices have fallen 4.9 cents per gallon in the past week, averaging $4.24/g today, according to GasBuddy’s daily survey of 481 stations in Riverside. Gas prices in Riverside are 5.9 cents per gallon lower than a month ago and stand $1.07/g higher than a year ago.

According to GasBuddy price reports, the cheapest station in Riverside is priced at $3.77/g today while the most expensive is $4.75/g, a difference of 98.0 cents per gallon. The lowest price in the state today is $3.49/g while the highest is $5.44/g, a difference of $1.95/g.

The national average price of gasoline has fallen 1.9 cents per gallon in the last week, averaging $3.15/g today. The national average is down 2.8 cents per gallon from a month ago and stands 97.7 cents per gallon higher than a year ago.

Historical gasoline prices in Riverside and the national average going back ten years:

  • September 13, 2020: $3.17/g (U.S. Average: $2.17/g)
  • September 13, 2019: $3.59/g (U.S. Average: $2.56/g)
  • September 13, 2018: $3.55/g (U.S. Average: $2.85/g)
  • September 13, 2017: $3.11/g (U.S. Average: $2.64/g)
  • September 13, 2016: $2.70/g (U.S. Average: $2.18/g)
  • September 13, 2015: $3.28/g (U.S. Average: $2.34/g)
  • September 13, 2014: $3.73/g (U.S. Average: $3.40/g)
  • September 13, 2013: $3.93/g (U.S. Average: $3.52/g)
  • September 13, 2012: $4.12/g (U.S. Average: $3.87/g)
  • September 13, 2011: $3.93/g (U.S. Average: $3.64/g)

Neighboring areas and their current gas prices:

  • San Bernardino — $4.27/g, down 2.1 cents per gallon from last week’s $4.29/g.
  • Orange County — $4.34/g, down 2.2 cents per gallon from last week’s $4.37/g.
  • Los Angeles — $4.36/g, down 1.5 cents per gallon from last week’s $4.37/g.

“Sagging U.S. gasoline demand along with continued recovery after Hurricane Ida have helped gas prices edge slightly lower in most states from where they were a week ago. But with Tropical Storm Nicholas threatening another key area of refineries in Houston with significant rain, we could see the decline in prices hit the pause button,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While Nicholas would appear to be a minor storm, we could see a deluge of water – the same issue that caused some significant damage in Ida’s wake to refineries in Louisiana. Combined with the earlier storm, Nicholas could make things more challenging. However, as gasoline demand has now fallen for four straight weeks, there is more breathing room even if some capacity does temporarily go offline. It’s too early to tell, clearly, but motorists should be aware.”

Image Sources

  • Filling the gas tank: iStock