Oregon gas prices soar, mirroring national trend of rising fuel costs
OREGON (KTVZ) -- Average gasoline prices in Oregon rose 4.9 cents per gallon over the last week, reaching an average of $4.83 per gallon on Monday, according to GasBuddy.
The price hike comes as the effective closure of the Strait of Hormuz disrupts global crude oil supplies.
According to a GasBuddy survey of 1,307 stations, Oregon prices are now 96.1 cents per gallon higher than a month ago and $1.10 higher than one year ago. The state's increase reflects a broader national trend where both gasoline and diesel costs are climbing toward multi-year highs.
The current range of prices across the state showed significant variation. On Sunday, the cheapest station in Oregon was priced at $4.29 per gallon, while the most expensive reached $7.20 per gallon. This represents a difference of $2.91 per gallon between the lowest and highest priced stations in the state.
On a national level, gasoline prices rose 2.4 cents per gallon over the last week to an average of $3.95 per gallon. This figure is 97.9 cents higher than a month ago and 83.8 cents higher than one year ago. GasBuddy compiled this data from more than 11 million weekly price reports at more than 150,000 stations nationwide.
Diesel fuel has seen a more substantial increase, with the national average rising 14.3 cents in the last week to $5.369 per gallon. This marks the highest price for diesel since July 27, 2022. Prices vary across Oregon's major metropolitan areas, with Portland averaging $4.91 per gallon after a 3.4-cent increase. Eugene saw a 9.9-cent jump to $4.80 per gallon, while Salem prices rose 1.3 cents to an average of $4.73 per gallon.
Current prices are significantly higher than historical averages from the past five years. On March 30, 2021, the Oregon average was $3.16 per gallon, nearly $1.67 less than current levels. Prices in the state were $4.70 in 2022, $3.88 in 2023, $4.23 in 2024, and $3.73 in 2025.
According to GasBuddy, the disruption of crude oil through the Strait of Hormuz is the primary driver of the current market volatility.
The rising costs have already had a measurable impact on consumer spending across the United States. Americans spent nearly $8 billion more on gasoline over the past month.
GasBuddy analysts expect the national average for gasoline to push beyond $4 per gallon in the near future. Diesel prices could approach $6 per gallon and potentially set new records if global supply conditions do not improve.
