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Oregon gas prices jump 11 cents in a week

KTVZ

Average retail gasoline prices in Oregon have risen 11.1 cents per gallon in the past week, averaging $2.39 a gallon on Sunday, according to GasBuddy’s daily survey of 1,307 gas outlets in Oregon.

That compares with the national average that has increased 2.7 cents per gallon in the last week to $2.22/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Oregon during the past week, prices Sunday were 66.2 cents per gallon lower than the same day one year ago and were unchanged from a month ago.

The national average has fallen 10.4 cents per gallon during the last month and stands 70.5 cents per gallon lower than this day one year ago.

“Motorists were hit with rising gas prices in 33 of the nation’s 50 states, catching up with recent increases in crude oil prices, while the Midwest, stung from increases from the previous week, saw relief,” said Patrick DeHaan, GasBuddy senior petroleum analyst.

“While we’ll see lower gasoline prices to return to much of the country in the weeks ahead, these types of isolated blips in gasoline prices do occasionally happen during times when crude oil prices are volatile. With recent Fed comments about raising interest rates propelling markets, don’t be surprised if we see occasional small gas prices increases followed by decreases, leading to a lower gasoline prices in time for the holidays,” DeHaan said.

Find the lowest citizen-reported gas prices on the High Desert at KTVZ.COM’s Pump Patrol, fueled by GasBuddy.com.

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