Average Gas Price Near Lake Elsinore Drops For 19th Day

RIVERSIDE COUNTY, CA — The average price of a gallon of self-serve regular gasoline in Riverside County dropped Friday for the 19th consecutive day, decreasing 1.8 cents to $3.841, its lowest amount since Sept. 26.

The average price has dropped 18.8 cents over the past 19 days, including 1.8 cents on Thursday, according to figures from the AAA and Oil Price Information Service. The decreases were preceded by a five-day streak of increases totaling 3 cents.

The average price is 10 cents less than one week ago and 24.4 cents lower than one month ago but 27.8 cents higher than one year ago. It has increased 57.3 cents since the start of the year.

"Based on rapid price drops in the Los Angeles wholesale gasoline market this week, we expect the price drops to continue as Thanksgiving approaches," said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.

— City News Service