LAKE ELSINORE, CA — The average price of a gallon of self-serve regular gasoline in Riverside County declined three-tenths of a cent Wednesday to $4.46. This fall’s drop in gas prices is a mere drop in the bucket compared to the anticipated California gas price increase in July.
In Lake Elsinore and Wildomar, you can find the cheapest gas near you at your membership warehouse, Costco. That location was selling regular, unleaded gas at $3.85 per gallon in Lake Elsinore, according to GasBuddy.com. In Wildomar, the ARCO station is selling at cash prices of around $4.29 per gallon this week.
The average price is six-tenths of a cent more than one week ago, but 19.2 cents less than one month ago and 25.3 cents less than one year ago, according to figures from AAA and the Oil Price Information Service. Fuel costs have dropped $1.91 since rising to a record $6.37 on Oct. 5, 2022.
In the Golden State, drivers already pay more for gasoline than in any other state. Nationwide, the current average for a gallon of regular gas is $3.22, according to the latest report from AAA. In California, the current average is $4.66.
The national average price rose two-tenths of a cent to $3.23. It is 3.9 cents more than one week ago and 4.5 cents more than one month ago, but 24.2 cents less than one year ago. It has dropped $1.79 since reaching a record high of $5.016 on June 14, 2022.
