Gas Prices Fall In Riverside County: Have You Noticed?

RIVERSIDE COUNTY, CA — The average price of a gallon of self-serve regular gasoline in Riverside County dropped Thursday for the 34th consecutive day, decreasing 2.7 cents to $5.163.

The average price has dropped 98.8 cents over the past 34 days, including 3 cents Wednesday, according to figures from the AAA and Oil Price Information Service. The streak follows a run of 22 increases in 24 days, totaling 86.6 cents.

The cheapest gas prices in Riverside County are still at big box store stations like Costco and Sam's Club, selling unleaded fuel at $4.65 per gallon in Temecula, Murrieta, and Lake Elsinore and as low as $4.59 per gallon in Palm Desert. Fuel prices in Beaumont are cheapest at the ARCO station on First Street and Beaumont Avenue, at $4.79 per gallon. Banning gas prices remained higher, at $5.04 per gallon at the Ramsey Street Daybreak Gas.

The average price is 18.3 cents less than one week ago, 95.4 cents lower than one month ago, and 26.4 cents cheaper than one year ago. It has dropped $1.21 since rising to a record $6.373 on Oct. 5, 2022.

The streak of decreases is the longest since a 42-day streak from Nov. 12-Dec. 23, 2022, totaling $1.11.

The national average price dropped for the 35th consecutive day and 43rd time in 45 days, decreasing 1.4 cents to $3.448. It has dropped 43.3 cents over the past 45 days, including 1.6 cents Wednesday.

The national average price is 8.3 cents less than one week ago, 36.6 cents lower than one month ago and 31.7 cents cheaper than one year ago. It has dropped $1.568 since rising to a record $5.016 on June 14, 2022.

The run of dropping prices follows an 11-day streak of increases totaling 7.8 cents.

City News Service, Patch Editor Ashley Ludwig contributed to this report.