RIVERSIDE — Gasoline prices in Riverside are up again this week. They have risen 0.4 cents per gallon in the past week, averaging $3.80 per gallon Sunday, according to GasBuddy’s daily survey of 481 stations in Riverside.
This compares with the national average that has fallen 4.7 cents per gallon versus last week to $2.83 per gallon, according to GasBuddy.
Average gasoline prices on Oct. 22 in Riverside have ranged widely over the last five years, going up and down and up, again: $2.97 per gallon in 2017, $2.76 per gallon in 2016, $2.87 per gallon in 2015, $3.43 per gallon in 2014 and $3.71 per gallon in 2013.
Including the change locally during the past week, prices yesterday were 82.9 cents per gallon higher than a year ago and are 23.9 cents per gallon higher than a month ago. The national average has dropped 1.6 cents per gallon during the last month and stands 39.6 cents per gallon higher than a year ago.
Areas near Riverside and their current gas price climate:
- San Bernardino — $3.76 per gallon, down 1.3 cents per gallon from last week’s $3.77 per gallon.
- Orange County — $3.81 per gallon, down 1.9 cents per gallon from last week’s $3.83 per gallon.
- Los Angeles — $3.86 per gallon, down 1.2 cents per gallon from last week’s $3.87 per gallon.
“Much of the country continues to enjoy broad decreases in gas prices as oil prices drop to $69 per barrel. In fact, with the exception of the West Coast where an earlier natural gas pipeline shut down caused prices to go up, nearly every state saw prices move lower,” Patrick DeHaan, head of petroleum analysis at GasBuddy, said in a prepared statement.
“The Great Lakes has seen prices drop 30-50 cents per gallon at individual stations since the start of October, leading decliners,” DeHaan added. “The fall relief that has been expected for weeks has finally arrived. Gasoline economics typically weaken shortly after summer, but we experienced somewhat of a delay due to concern over Iran sanctions and OPEC production, but seemingly the market has become more concerned with other factors, and thus far, the affect on motorists has been lower gas prices. While Great Lakes states may see prices bounce of current lows in the week ahead, much of the rest of the country will likely see additional downward movement.”
For LIVE fuel price averages, visit here.