Riverside County Gas Prices Continue To Rise

RIVERSIDE (CNS) - The average price of a gallon of self-serve regular
gasoline in Riverside County rose to its highest amount since Oct. 2, 2023,
today, increasing 3.5 cents to $6.087.
  

The average price has risen 15 consecutive days, increasing 33 cents,
including 2.7 cents Tuesday, according to figures from the AAA and Oil Price
Information Service. The streak of increases follows a run of 12 decreases in
13 days totaling 12.6 cents.
  

The average price is 17.6 cents more than one week ago, 21.3 cents
higher than one month ago and $1.502 above what it was one year ago. It has
risen $1.536 since the joint U.S./Israel attack on Iran Feb. 28, moving within
28.6 cents of the record $6.373 set Oct. 5, 2022.
  

The national average price rose to its highest amount since July 16,
2022, increasing 5.3 cents to $4.536. It has risen 14 consecutive days,
increasing 52.6 cents, including 2.6 cents Tuesday.
  

The national average price is 30.7 cents more than one week ago, 41.7
cents higher than one month ago and $1.378 above what it was one year ago. It
has risen $1.554 since the attack on Iran, moving within 48 cents of the record
$5.016 set June 14, 2022.
  

Record ``mounts of oil and refined products left U.S. shores in the
last week, and we'll likely set another record this week,'' 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 Tuesday.
  

``U.S. gasoline inventories are already at multi-year seasonal lows --
which means prices will face even more upward pressure.''
  

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