Salem-News.com - November 22, 2009 - 4:54 am
Search
About
Salem Area Chamber of Commerce
Keizer is a thriving community near Salem, Oregon

Zip Weather


Weather Forecast
Jun-20-2006 15:45printcomments

Crude Oil, Average Gasoline Prices Move Downward

Prices continue to fall, with crude oil prices bouncing a bit.


Salem-News.com

(SALEM) - As the price of crude oil remains below $70 per barrel, consumers enjoy a steady decline in fuel prices. In the past week, the national average price for a gallon of regular gasoline fell by more than 3-cents; Oregon's statewide average decline was almost a nickel a gallon.

Salem drivers are paying an average of $3.01 for a gallon of regular gas. Average prices in the Eugene-Springfield and the Medford-Ashland metropolitan areas dropped by six-cents per gallon.

For the first time since May 9th, the Portland average price is less than $3 with per gallon prices ranging from $2.84 in Troutdale to as much as $3.08 in other sections of the metro area. "To see a continued drop in pump prices, crude oil prices will have to remain below the $70 per barrel mark for some time," said AAA Oregon Public Affairs Director Elliott Eki. "Whether that will happen is uncertain as prices fluctuate during daily trading sessions.

In addition, global issues and events could push oil prices up—or down—with little notice. On the positive side, gasoline inventories in the United States continue to build, so that will bring lower pump prices, but knowing when and by how much are difficult to answer." Nationwide, the average price exceeds $3 per gallon in 8 states and the District of Columbia. At $3.02, Oregon`s average gasoline price drops to 9th highest in the nation. Hawaii has the highest statewide average price at $3.38.

California`s fell to $3.22; Nevada`s is down to $3.04; Washington`s is $3.09, and Idaho`s dipped to $2.90. South Carolina has the lowest statewide average price at $2.65. The national average diesel price held at $2.97 per gallon. In California, diesel averages $3.30 per gallon; in Washington, it`s $3.14; in Nevada and Idaho, it's $3.12; and, in Oregon, it's down seven cents to $3.08.

Keep an eye on local gas prices at oregongasprices.com



Related
| | |

Comments [Return to Top]
Leave a comment on this story.
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.

©2009 Salem-News.com. All opinions expressed in this article are those of the author and do not necessarily reflect those of Salem-News.com.
Articles for June 19, 2006 | Articles for June 20, 2006 | Articles for June 21, 2006


Register for Fall today!
Salem Gymnastics Center

Oregon's oldest auction family

Raymo Mancini's new CD is available now!
Hear Raymo's Songs

Brighten the day of a soldier or Marine overseas
Donate or Send a
Love Box today!

Pioneer Pacific College...better yourself
Start School NOW!

Reach your prospects! Advertise on Salem-News.com

Raymo Mancini's new CD is available now!
Hear Raymo's Songs