Gas Price Near Banning, Beaumont Drops For 5th Consecutive Day

RIVERSIDE COUNTY, CA The average price of a gallon of self-serve regular gasoline in Riverside County dropped three-tenths of a cent Friday to $3.152, the fifth consecutive decrease.

The average price is 2 cents less than one week ago, but 7.4 cents more than one month ago and 46.7 cents higher than at this time last year, according to figures from the AAA and Oil Price Information Service.

The average price has dropped 2.2 cents over the past five days, including four-tenths of a cent on Thursday.

"Los Angeles wholesale gasoline prices continue to leave some room for further price drops at local stations, although oil prices are still trading near a two-year high of almost $60 a barrel," said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.

— By City News Service / Image via Shutterstock