RIVERSIDE (CNS) – The typical worth of a gallon of self-serve common gasoline in Riverside County dropped three-tenths of a cent on Sunday to $3.997, the seventh consecutive lower following a five-day streak of will increase.
The typical worth has decreased 3.2 cents over the previous seven days, together with 1.2 cents Saturday, based on figures from the AAA and Oil Value Data Service.
It’s 3.2 cents lower than one week in the past and 17.5 cents decrease than one month in the past, however 33.eight cents increased than one yr in the past.
“Based mostly on some substantial drops in Los Angeles wholesale costs over the previous few days, we’d count on retail fuel costs to renew dropping as that they had been within the final couple weeks of October,” mentioned Jeffrey Spring, the Car Membership of Southern California’s company communications supervisor.
“Oil trade analysts are predicting some important worth drops in December as effectively based mostly on decrease manufacturing prices for native refineries.”