Business & Tech
Average Riverside County Gas Price Rises To Highest Amount Since May 28
The average price has risen 42.9 cents over the past 28 days, including 1.6 cents on Monday.
RIVERSIDE, CA — The average price of a gallon of self-serve regular gasoline in Riverside County rose Tuesday for the 28th consecutive day, increasing 1.4 cents to $5.949, its highest amount since May 28.
The average price has risen 42.9 cents over the past 28 days, including 1.6 cents Monday, according to figures from the AAA and Oil Price Information Service. It is 16.3 cents more than one week ago, 41.6 cents higher than one month ago and $1.374 greater than one year ago.
The average price has increased $1.398 since the start of the joint U.S./Israel war on Iran on Feb. 28, which sent oil prices higher and drastically accelerated increases at the gas pump.
Find out what's happening in Temeculafor free with the latest updates from Patch.
The national average price rose for the 15th time in 16 days, increasing 1.2 cents to $4.328. It has risen 25.1 cents over the past 16 days, including three-tenths of a cent Monday.
The national average price increased five consecutive days, dropped two-tenths of a cent Sept. 5 and resumed rising Sept. 6. It is 17.7 cents more than one week ago, 25.8 cents higher than one month ago and $1.151 greater than one year ago.
Find out what's happening in Temeculafor free with the latest updates from Patch.
The national average has increased $1.346 since the attack on Iran.
"Average gasoline and diesel prices rose in every state over the last week as geopolitical tensions escalated on multiple fronts, with friction between the U.S. and Iran, new hostilities in the Red Sea and the shutdown of Saudi Arabia's East-West pipeline all combining to jolt prices sharply higher," Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations, said in a statement released Monday.
"New weekend attacks also knocked two additional Russian refineries offline, further straining global refined product supplies and likely offsetting any seasonal relief. While most of the country transitions to cheaper winter-blend gasoline this week, the scale of ongoing geopolitical escalations makes meaningful price relief unlikely in the near term.
"Motorists should brace for continued volatility ahead."
The national average price is at its highest amount this late in the calendar year, according to De Haan.
