RIVERSIDE (CNS) – The average price of a gallon of self-serve regular gasoline in Riverside County dropped today to its lowest amount since Feb. 4, 2017, decreasing 1.6 cents to $2.837.
The average price has dropped 37 consecutive days, decreasing 62.9 cents, including 1.5 cents on Thursday, according to figures from the AAA and Oil Price Information Service.
The average price is 9.4 cents less than one week ago, 58.4 cents lower than one month ago and $1.032 below what it was one year ago. It has decreased 67.1 cents since the start of the year.
The 2017 average included stations in San Bernardino County.
“Although the rate of declining prices is slowing, California reformulated gasoline production continues to drop, and inventories continue to increase, so we expect to see retail prices continue to move lower,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.