Local & Community
Average Riverside County Gas Price Records Largest Increase Since April 5
RIVERSIDE (CNS) - The average price of a gallon of self-serve regular gasoline in Riverside County recorded its largest increase since April 5 today, rising 3.1 cents to $4.555, its highest amount since July 31.
The average price has increased 13 of the past 14 days, increasing 19.7 cents, including six-tenths of a cent Monday, according to figures from the AAA and Oil Price Information Service. It increased four consecutive days, was unchanged Feb. 2 and resumed rising Feb. 3.
The average price is 15.3 cents more than one week ago and 24.4 cents higher than one month ago, but 7.1 cents less than one year ago. It has dropped $1.818 since rising to a record $6.373 on Oct. 5, 2022.
The national average price rose two-tenths of a cent to $3.141, one day after increasing three-tenths of a cent. It is 3.4 cents more than one week ago and 7.7 cents higher than one month ago, but 4.8 cents less than a year ago.
The national average price has dropped $1.875 since rising to a record $5.016 on June 14, 2022.
``While some states have seen gas prices inching up, much of the country continues to see mostly stable prices,'' said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
``States that experience price cycling have seen increases, while many others have only experienced minor fluctuations. With tariffs on Mexico and Canada currently on pause, trade policy has yet to directly impact fuel prices.
``However, refinery issues are creating localized disruptions, particularly on the West Coast, where a refinery fire and the transition to summer gasoline are pushing prices higher. Elsewhere, volatility and seasonal trends continue to drive normal fluctuations. For now, the overall direction of gas prices remains typical for this time of year, but we remain on watch for potential policy changes that could impact fuel prices.''
Copyright 2025, City News Service, Inc.
By: City News Service
February 11, 2025
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