Less pain at pump: Oregon gas prices still falling
Average retail gasoline prices in Oregon have fallen 6.9 cents per gallon in the past week, averaging $3.14 a gallon as of Sunday, according to GasBuddy’s daily survey of 1,307 gas outlets in Oregon.
That compares with the national average that has fallen 3.9 cents per gallon in the la st week to $2.99/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Oregon during the past week, prices Sun day were 27 cents per gallon lower than the same day one year ago and are 52.1 cents per gallon lower than a month ago.
The national average has decreased 33 cents per gallon during the la st month and stands 27.9 cents per gallon lower than this day one year ago.
“This past weekend we witnessed the national average declining under $3/gallon for the first time since December 22 , 2010 — an impressive feat that seems to have caught many motorists by surprise,” said Patrick DeHaan, senior petroleum analyst with GasBuddy.
“We have two different scenarios for gas prices from here on: If oil prices hold their current $80 level, gas prices nationally may see their decline wind down, only dropping another few cents.
“But if oil prices can drop to $78 or less, we could see the national average decline for several more weeks. It’s hard to tell right now which way the market will go, since oil prices have halted their decline in the la st week,” DeHaan noted.
About GasBuddy
GasBuddy operates OregonGasPrices.com and over 250 simi la r websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.
GasBuddy’s citizen-reporting system also fuels KTVZ.COM’s Pump Patrol, which you can use to find the lowest gas prices around Central Oregon.
