The average price of a gallon of self-service regular gasoline in Riverside County dropped six-tenths of a cent Saturday to $4.264, its lowest amount since July 15, 2021.
The average price is 3 cents less than one week ago, 6.4 cents less than one month ago and 34.7 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $2.109 since rising to a record $6.373 on Oct. 5, 2022.
The national average price dropped three-tenths of a cent to $3.023. It is three-tenths of a cent more than one week ago, but 6.1 cents less than one month ago and 8.1 cents less than one year ago. The national average price has dropped $1.993 since rising to a record $5.016 on June 14, 2022.
"I'd like to say that the national average will fall under $3 soon, but now I'm not so confident," AAA spokesman Andrew Gross said Thursday. "It appears to be stuck despite low demand and cheaper oil. But 31 states already have an average below $3."