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Oregon gas prices drop to aveage $1.90 a gallon

KTVZ

Average retail gasoline prices in Oregon have fallen four cents per gallon in the past week, averaging $1.90 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 fallen 3.9 cents per gallon in the last week to $1.69/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Oregon during the past week, prices Sunday were 43.7 cents per gallon lower than the same day one year ago and are 31.6 cents per gallon lower than a month ago.

The national average has decreased 23.0 cents per gallon during the last month and stands 55.5 cents per gallon lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on Feb. 15 in Oregon have ranged widely over the last five years: $2.34/g in 2015, $3.28/g in 2014, $3.58/g in 2013, $3.54/g in 2012 and $3.26/g in 2011.

Areas of Oregon and their current gas price climate:
Eugene- $1.83/g, down 4.8 cents per gallon from last week’s $1.88/g.
Salem- $1.86/g, down 4.2 cents per gallon from last week’s $1.90/g.
Portland- $1.93/g, down 4.8 cents per gallon from last week’s $1.97/g.

“We are mid-February, and 45 out of 50 states have a state gas average below $2 and the national average is at a multi-year low,” said Jeff Pelton, a GasBuddy.com senior petroleum analyst..

“Sadly, these incredibly low gas prices won’t be here forever, as refineries talk of production cuts with crude oil (prices) at a 13-year low. Additionally, their spring turnarounds and the changeover to summer spec gasoline also loom ominously on the horizon. The sooner the refineries can complete their maintenance and start producing gasoline again, the better for drivers everywhere.”

For the latest citizen-reported gas prices across the High Desert, visit KTVZ.COM’s Pump Patrol, fueled by GasBuddy.com.

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