This post was contributed by a community member. The views expressed here are the author's own.

Business & Tech

Decreasing Gas Prices End As Holiday Travel Begins

After a 37-day streak of decreases, the price of gasoline went up today.

A 37-day streak of decreases ended today when the average price of a gallon of self-serve regular gasoline in the Inland Empire rose 1.3 cents to $3.512.

The average price in Riverside and San Bernardino counties fell 32.7 cents during the streak, including 1.8 cents on Thursday, dropping to its lowest amount since Feb. 18.

The streak was the longest since a 42-day streak from May 7-June 17, according to figures from the AAA and Oil Price Information Service.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

The average price is 4.1 cents less than one week ago and 24.2 cents lower than a month ago, but 24.8 cents more than a year ago.

The decreasing prices were the result of lower demand, which is typical for the fall, according to Jeffrey Spring of the Automobile Club of Southern California.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?