Average Riverside County Gas Price Rises For 50th Time in 51 Days

RIVERSIDE (CNS) - The average price of a gallon of self-serve regular
gasoline in Riverside County rose today to its highest amount since Oct. 17,
2023, increasing 5.5 cents to $5.587.
  

The average price has risen 50 of the past 51 days, increasing $1.446,
including 2.3 cents on Wednesday, according to figures from the AAA and Oil
Price Information Service. It rose 20 consecutive days, was unchanged Feb. 18
and resumed increasing the next day.
  

The average price is 29.5 cents more than one week ago, $1.103 higher
than one month ago and $1.097 greater than one year ago. It is 78.6 cents less
than the record $6.373 set on Oct. 5, 2022.
  

Prices were rising slightly in line with seasonal norms before the
joint U.S./Israel attack on Iran on Feb. 28 sent oil prices higher and
drastically accelerated increases at the gas pump.
  

The national average price rose to its highest amount since Oct. 17,
2022, increasing 4.2 cents to $3.884. It has risen for 19 consecutive days,
increasing 90.2 cents, including 5.2 cents on Wednesday.
  

The national average price is 28.6 cents more than one week ago, 95.5
cents higher than one month ago and 78.2 cents greater than one year ago. It is
$1.132 less than the record $5.016 set on June 14, 2022.
  

``It now looks like gasoline will hit $4/gal next week and could head
toward $4.10/gal and beyond,'' Patrick De Haan, head of petroleum analysis at
GasBuddy, which provides real-time gas price information from more than 150,000
stations, wrote on social media at 3:32 a.m. Pacific Daylight Time Thursday.
  

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