Oregon gas prices still falling – for now
Average retail gasoline prices in Oregon have fallen 3.7 cents per gallon in the past week, averaging $3.07 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 2.6 cents per gallon in the last week to $2.94/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Oregon during the past week, prices Sunday were 27.6 cents per gallon lower than the same day one year ago and are 49.1 cents per gallon lower than a month ago.
The national average has decreased 30.6 cents per gallon during the last month and stands 26.9 cents per gallon lower than this day one year ago.
“Another week, another big decline in the national average,” said Patrick DeHaan, senior petroleum analyst with GasBuddy. “But we’re nearing the point where the decreases are likely to slow unless oil prices continue to tumble from their current levels.
“The national average now stands at its lowest since December 4 , 2010, and likely won’t drop more than another dime unless oil prices move notable lower.
“Many areas across the country have now seen most of the expected gas price declines, with the exception being areas of the Rockies, which may decline several more weeks at least.
“While the decreases are likely to wind down, motorists shouldn’t expect any big rebounds before the holidays. Nationally, prices are likely to remain under $3/gal for the holidays,” he noted.
About GasBuddy
GasBuddy operates OregonGasPrices.com and over 250 similar 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.
See the lowest customer-reported gas prices here in Central Oregon at KTVZ.COM’s Pump Patrol.
