Oregon gas prices up a bit, ending recent slide
Average retail gasoline prices in Oregon have risen 0.8 cents per gallon in the past week, averaging $3.06/g Sunday, according to GasBuddy’s daily survey of 1,307 gas outlets in Oregon.
That compares with the national average that has fallen 1.7 cents per gallon in the last week to $2.89/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Oregon during the past week, prices Sunday were 24 cents per gallon lower than the same day one year ago and are 37.5 cents per gallon lower than a month ago.
The national average has decreased 25.5 cents per gallon during the last month and stands 29.8 cents per gallon lower than this day one year ago.
“Just a week ago, I was becoming concerned that the national average would level off unless crude oil prices kept dropping, and that’s exactly what happened,” said Patrick DeHaan, senior petroleum analyst with GasBuddy.
“Suddenly, the market turned bearish again and crude dropped as low as $74/bbl before closing the week out at a $2/bbl loss. Either way, the decline in crude price renews the downturn at the pump that had stabilized last week and helped the national average tip back into a downward decline. In most places across the country we should see the downward trend continue or re-emerge this week,” 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.
GasBuddy’s citizen reporting system also powers the KTVZ.COM Pump Patrol, where you can check on the lowest gas prices across the High Desert.
