Treats Await Consumers at Gas Pump

No tricks, just treats await consumers today at gas pumps

In the spirit of Halloween, some treats await consumers at the gas pump. Average gasoline prices in Riverside have fallen 20.8 cents per gallon in the last week, averaging $5.36/g today, according to GasBuddy’s survey of 481 stations in Riverside.

Prices in Riverside are 71.2 cents per gallon lower than a month ago and stand 89.1 cents per gallon higher than a year ago. The national average price of diesel has declined 2.39 cents in the last week and stands at $5.28 per gallon.

According to GasBuddy price reports, the cheapest station in Riverside was priced at $4.68/g yesterday while the most expensive was $6.09/g, a difference of $1.41/g. The lowest price in the state yesterday was $4.39/g while the highest was $7.79/g, a difference of $3.40/g.

The national average price of gasoline has fallen 4.7 cents per gallon in the last week, averaging $3.72/g today. The national average is down 3.0 cents per gallon from a month ago and stands 34.4 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 ten years:

• October 31, 2021: $4.47/g (U.S. Average: $3.38/g)
• October 31, 2020: $3.10/g (U.S. Average: $2.11/g)
• October 31, 2019: $4.00/g (U.S. Average: $2.61/g)
• October 31, 2018: $3.74/g (U.S. Average: $2.77/g)
• October 31, 2017: $3.00/g (U.S. Average: $2.48/g)
• October 31, 2016: $2.78/g (U.S. Average: $2.20/g)
• October 31, 2015: $2.84/g (U.S. Average: $2.17/g)
• October 31, 2014: $3.28/g (U.S. Average: $2.99/g)
• October 31, 2013: $3.65/g (U.S. Average: $3.27/g)
• October 31, 2012: $4.06/g (U.S. Average: $3.51/g)

Neighboring areas and their current gas prices:

• San Bernardino — $5.39/g, down 19.6 cents per gallon from last week’s $5.59/g.
• Orange County — $5.45/g, down 18.9 cents per gallon from last week’s $5.64/g.
• Los Angeles — $5.52/g, down 20.8 cents per gallon from last week’s $5.72/g.

“For the third consecutive week, we’ve seen the national average price of gasoline decline, and while it’s good news for most regions with a continued drop in prices, the Northeast is bucking the trend and seeing a noticeable jump due to tight supply,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The national average is closing in on the previous low from September, which was interrupted when refinery issues caused prices to skyrocket in the West and Great Lakes. With those issues addressed, the West has seen prices plummet, including a nearly 90 cent per gallon decline in California in less than a month. Compare that to the Northeast, where prices have jumped some 10-25 cents per gallon, demonstrating there’s much regionality to current gasoline price trends. Add in diesel prices that remain high amidst extremely tight supply, and there’s definitely some challenges that lie ahead.”