Recent rise in Oregon gas prices slows

Average retail gasoline prices in Oregon have risen 1.8 cents per gallon in the past week, averaging $3.14 a gallon Sunday, according to GasBuddy’s daily survey of 1,307 gas outlets in Oregon.

That compares with the national average that has fallen 1.3 cents per gallon in the last week, to $2.78/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Oregon during the past week, prices Sunday were 82.3 cents per gallon lower than the same day one year ago and are 10.2 cents per gallon higher than a month ago.

The national average has increased 3.9 cents per gallon during the last month and stands 89.6 cents per gallon lower than this day one year ago.

“The national average continued its slow retreat in the last week, but current events with Greece may have some bearing on the market in the week ahead and could put downward pressure on oil prices,” said Patrick DeHaan, GasBuddy senior petroleum analyst.

“Much is waiting in the wings in regards to Greece and with the latest round of debt relief talks failing thus far, it may weigh on stocks and commodities in the week ahead.

“Regardless of Greece, I believe gas prices nationally will eke out a third straight weekly decline- though a negative outcome in the Greece situation stands to enhance the expected downward momentum. Just eleven states saw increases during the last week, leaving 39 that saw a decline- a nice trend as we head towards July 4 ,” DeHaan said.

You can find the latest citizen-reported gas prices across the High Desert at KTVZ.COM’s Pump Patrol, fueled by gasbuddy.com.