Oregon Average Gasoline Price Still Declining as National Average Continues Climb

Oregon Average Gasoline Price Still Declining as National Average Continues Climb

Salem-News.com

(SALEM) - During the past week, the national average price for a gallon of regular gasoline increased by almost 8 cents to $2.93—the highest since mid-May. Oregon's statewide average, however, continued its downward trend, dropping to $2.96. Salem continues to have the state’s cheapest gas prices, with a gallon of regular selling for $2.89.

Crude oil currently is trading at more than $70 per barrel, largely in response to recent global developments. Geopolitical issues to keep an eye on include North Korea's testing of long-range missiles; Iran's reaction to economic incentives proposed by Western industrial powers in exchange for that country suspending its nuclear program; the unresolved presidential election in Mexico, the 2nd largest exporter of oil to the United States; and Israel's threat to invade Palestinian territory.

"In addition, two major refineries—one in Texas, the other in Pennsylvania—experienced problems and briefly shutdown, and a primary shipping channel in the Mississippi River was closed temporarily," said AAA Oregon Public Affairs Director Elliott Eki. "Those situations did not cause any long-term supply problems, but they did push gasoline prices a bit higher."

Portland’s current average is $2.90 a gallon for regular, Eugene/Springfield drivers are paying $2.95, while the Medford/Ashland carries the highest price tag of $3.00 per gallon. Vancouver, Wash. Residents are paying $2.92 for self serve regular. Nationwide, the average gasoline price now exceeds $3 per gallon in 11 states and the District of Columbia. At $2.96, Oregon’s average gasoline price drops to 18th highest in the nation. Hawaii has the highest statewide average price at $3.37. California’s went up to $3.21; Nevada’s rose to $3.01; Washington’s remained at $3.05, and Idaho’s dipped to $2.90. South Carolina has the lowest statewide average price at $2.73, 10-cents higher than a week ago. The national average diesel price rose to $2.97 per gallon. In California, diesel averages $3.27 per gallon; in Washington, it’s up to $3.08; in Idaho, it's down to $3.05; in Nevada, it's $3.06; and, in Oregon, it held steady at $3.04.

Reports From Iraq

Salem-News.com Top Stories
Environmental Protection Agencies: Federal and State Versions Under Siege

---

PTSD, Marijuana and the Atlantic Magazine

---

Paul Kagame: A General Without Generals

---

Confronting Intimidation, Working for Justice in Palestine

---

Misguided Buddhist Zealots

---

Name:

Enter the text from the image to confirm you are human.(Cookies are required)

HTML tags and certain characters are removed - (numbers, letters only or post may be cut short.) certain words are banned to stop spammers. All comments and messages are approved by people and self promotional links or unacceptable comments are denied.