Gas Prices Drop a Few Cents this Week

By City News Service, photo via Shutterstock

The average price of a gallon of self-serve regular gasoline in the Inland Empire decreased today for the fifth time in six days, dropping 1.2 cents to $3.903.

The average price in Riverside and San Bernardino counties is 3.2 cents less than one week ago and 22.8 cents lower than one year ago, but 71.4 cents higher than one month ago, according to figures from the AAA and Oil Price Information Service.

The prices are dropping because “supply issues seem to have been resolved,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.

The oil spill in Santa Barbara is not expected to change gas prices because of the availability of crude oil elsewhere, Spring said.

The dropping prices follow 29 increases in 30 days that pushed the average price to its highest amount since Aug. 2.