Current Gasoline Prices Reflect Consecutive Drops in Southern California

The current gasoline price average in the Inland Empire region of Southern California is $3.794 per gallon. That rate for each gallon of self-serve regular gas reflects a fall of half a penny, its lowest level since the 30th of July.

The average gasoline price today in the Counties of Sand Bernardino and Riverside is lower by 4.4 cents compared to a week ago. It is also below the average last month by almost 70.7 cents. However, it is higher compared to a year ago by around 1.3 cents, according to the data of the Oil Price Information Service (OPIS) and the American Automobile Association (AAA).

The current gasoline price average reflects a decline for 41 out of the last 43 days. The total drop is almost 89.4 cents during that span of time.

The average gasoline price today came after a decline for 36 straight days, an unchanged rate on Wednesday of the past week, resuming its fall on Thursday last week, and remaining unchanged at the start of this week.

The consecutive decline reflected by the current gasoline price average is positive news for travelers on the Thanksgiving holiday. Southern California’s Automobile Club estimates around 3.37 million residents from the Southland are going for a vacation this week. Around 87 percent of this number will travel by car.

The most popular destinations for travelers in Southern California will be San Diego, Las Vegas, San Francisco, the Grand Canyon and the Central Coast of California according to the report of the area’s auto club.

By: Chris Termeer