The average price of a gallon of self-serve regular gasoline in the Inland Empire rose Friday for the 21st consecutive day, increasing 3.5 cents to $2.90.
The average price in Riverside and San Bernardino counties has risen 50.2 cents during the streak, including 2.4 cents on Thursday, according to figures from the AAA and Oil Price Information Service.
The average price is 14.9 cents more than one week ago and 43.3 cents higher than one month ago, but 90.1 cents less than one year ago.
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The 21-day streak of increases is the longest since a 29-day streak from Jan. 29-Feb. 26, 2013.
“Some oil industry analysts are right now predicting a modest impact on prices of about 12 cents a gallon as a result of the Wednesday explosion damaging the ExxonMobil refinery in Torrance, because the facility is remaining partially open,” said Jeffrey Spring, the corporate communications manager of the Automobile Club of Southern California.
Find out what's happening in Murrietafor free with the latest updates from Patch.
“However, upward gas price pressure will likely occur from other sources from now through May, when prices traditionally peak. A ‘good’ price for Southern California gas today is $2.60 to $2.70 a gallon in most areas.”
– By City News Service.
(Image via Shutterstock)
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