Need Gas In The Pass Area? Fuel Prices Edge Higher

BANNING, CA—If you don't have to fill up your car today, you may want to wait a bit. According to the AAA and Oil Price Information Service, the average price of a gallon of self-serve regular gasoline in Riverside County rose seven-tenths of a cent to $4.837 on Tuesday, its highest level since Nov. 24.

Though prices remain lower at discount stations, they were hovering at $4.39 in Banning and Beaumont. The highest gas prices in Banning were at the Chevron Station at W. Ramsey Avenue and N. 8th Street Chevron Station, where the station price for regular gasoline was $5.29 per gallon.

Fuel costs have gone up in price five in the past six days, increasing 3.4 cents, dropping a mere three-tenths of a cent Monday.

The average price is 3.1 cents more than one week ago, 14.5 cents higher than one month ago and 2.4 cents greater than one year ago. It has dropped $1.536 since rising to a record $6.373 on Oct. 5, 2022.

The national average price rose for the seventh consecutive day, increasing 2.2 cents to $3.489. It is 9.5 cents higher than one week ago, 21 cents higher than one month ago, and 4.3 cents higher than one year ago.

The national average price has dropped $1.527 since rising to a record $5.016 on June 14, 2022.

"Most Americans continued to see average gasoline prices march higher last week," said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.

"The reason is the season: gasoline demand is rising as more Americans are getting out, combined with the summer gasoline switchover, which is well underway, and continued refinery maintenance. The madness should slow down in the next few weeks as we've seen positive data that refinery output is starting to increase, a sign that the peak of maintenance season could be behind us."

Read More:

Lower Gas Prices Are Forecast For 2024: Here's Why