Oregon
Oil prices spike amid Iran war; Oregon gas remains above national average
PORTLAND, Ore. (KATU) — Oil prices continue to soar Monday as the war in Iran shows no signs of slowing down. Oregon’s gas prices are above the national average.
Production and shipping in the Middle East have been jeopardized by the conflict, pummeling financial markets.
The Associated Press reported that the price for a barrel of Brent crude surged to $119 on Monday. That’s the highest level it’s been since the summer after Russia invaded Ukraine in 2022. Brent crude is the international standard.
RELATED| High oil prices won’t limit Trump’s actions in Iran war: Hegseth
The prices fell to just under $100 later Monday, but barrels are still 36% more expensive than they were before Israel and the United States attacked Iran on Feb. 28.
Today’s AAA national average is $3.478, whereas Oregon’s current average across the state is $4.205.
SEE ALSO | New video shows US Tomahawk hit Iranian Naval Base near school
The average in Oregon just a year ago was 3.730, demonstrating a 12% increase since then.
Still, Washington State’s current average remains higher than Oregon’s, at $4.630.
Malheur County in Oregon currently has the cheapest gas price at $3.499, while Josephine has the more expensive at $4.447.
AAA suggests maintaining cars to the manufacturer’s recommendations can help save fuel. The agency also recommends slowing down and driving the speed limit, avoiding “jackrabbit” starts and hard accelerations and avoiding extended idling to warm up the engine, in winter and even prolonged idling in general.
Research by AAA has shown that premium fuel provides no added benefit unless it is recommended or required by the car’s manufacturer.
Vice President and Global Head of crude oil research at at S&P Global Energy Jim Burkhard said in an analysis on Monday that, at first, the crisis was a transportation issue, “which could conceivably be resolved quickly.”
However, he explained that production and storage concerns are increasingly piling up and restoration “will be a massive technical exercise that could last weeks or more.”
Energy experts’ opinions are clashing, as some warn the war could contribute to even higher oil prices in the near future. In particular, if the Strait of Hormuz remains closed for only a few weeks, oil and gas strategists at Macquarie Research said the price of crude could push to a $150 per barrel or higher. Such prices would top previous peaks of nearly $147, which were reached just before the 2008 financial crisis.
Others, however, don’t expect the disruptions to last much longer. Oxford Economics researchers predict prices will soon fall to an average of $80 a barrel for the quarter, but noted today that the “risk of a more prolonged crisis has clearly increased.”
Iran exports roughly 1.6 million barrels of oil a day, mostly to China, which has called for an immediate end to the fighting.
The Associated Press contributed to this report.
Entering the 2026 college football season, the Oregon Ducks are looking to not only win their first national championship in program history but also their second Big Ten title in the last three seasons.
When the Ducks joined the Big Ten in 2024, they kicked off their inaugural season in the conference in style, finishing the regular season undefeated at 13-0. This regular season was concluded with a thrilling 45-37 win over the Penn State Nittany Lions in the Big Ten championship game.
Eug 040522 Lanning 02 | USA TODAY Network via Reuters Connect
The Ohio State Buckeyes, however, got revenge for their loss to the Ducks at Autzen Stadium earlier in the regular season, beating Oregon 41-21 in the CFP Quarterfinal at the Rose Bowl. Entering the 2026 season, here’s a look at the Ducks’ chances of winning the Big Ten for the second time.
Oregon Ducks Big Ten Title Odds: Who’s The Biggest Threat?
According to the latest betting odds by FanDuel Sportsbook, the Ducks have +270 odds to win the Big Ten championship this season. The one team ahead of them is the Ohio State Buckeyes at +190, who, believe it or not, are in search of their first Big Ten title since 2020. The Buckeyes were upset by the Indiana Hoosiers 13-10 in the Big Ten championship last season.
Among the top teams in the Big Ten next season, Ohio State poses the biggest threat to the Ducks’ chances of not only winning a conference title but also the national championship. The Buckeyes and Ducks will face off in what could be the game of the year in Columbus on Nov. 7.
As exciting as this matchup will be for college football fans, it likely won’t be the only one between the Buckeyes and Ducks. Regardless of which team wins the Nov. 7 showdown in Columbus, the Buckeyes and Ducks could match up again in the Big Ten title game and in the CFP.
Other Teams That Pose a Threat to Oregon
While the Buckeyes are the main threat to the Ducks’ Big Ten title aspirations, other teams will be worth watching. One of those teams is the defending national champions, the Indiana Hoosiers.
Despite the key losses this offseason, which include Heisman Trophy-winning quarterback Fernando Mendoza, coach Curt Cignetti’s Hoosiers restocked talent with the addition of TCU Horned Frogs transfer quarterback Josh Hoover and Michigan State Spartans wide receiver Nick Marsh.
The only two losses that the Ducks suffered last season came against the Hoosiers. If the two face off in the Big Ten championship, Indiana looks to continue its dominance over the Ducks. The Hoosiers and Ducks don’t play each other during the regular season.
The USC Trojans, whom the Ducks will face at the Los Angeles Coliseum on Sept. 26, also look to knock off Oregon in what should be one of the top games of the first month of the college football season. Oregon coach Dan Lanning is undefeated 2-0 against USC’s Lincoln Riley and looks to extend the Ducks’ winning streak against the Trojans to five games.
Game odds refresh periodically and are subject to change. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.
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The Oregon Lottery offers several draw games for those aiming to win big.
Here’s a look at July 14, 2026, results for each game:
Winning Mega Millions numbers from July 14 drawing
02-04-10-48-56, Mega Ball: 22
Check Mega Millions payouts and previous drawings here.
Winning Pick 4 numbers from July 14 drawing
1PM: 6-3-6-3
4PM: 7-0-0-9
7PM: 2-0-6-0
10PM: 2-5-1-5
Check Pick 4 payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
When are the Oregon Lottery drawings held?
- Powerball: 7:59 p.m. on Monday, Wednesday and Saturday.
- Mega Millions: 7:59 p.m. on Tuesday and Friday.
- Pick 4: 1 p.m., 4 p.m., 7 p.m. and 10 p.m. daily.
- Win for Life: 7:30 p.m. on Monday, Wednesday, and Saturday.
- Megabucks: 7:29 p.m. on Monday, Wednesday, and Saturday.
This results page was generated automatically using information from TinBu and a template written and reviewed by an Oregon editor. You can send feedback using this form.
DESCHUTES COUNTY, Ore. — Oregon State Police are asking for additional witnesses to come forward after a three-vehicle crash on Highway 20E in Deschutes County left two people seriously injured.
Troopers responded at 12:47 p.m. Friday, July 10, to the crash near milepost 41. A preliminary investigation found a westbound 2013 black Chevrolet Silverado pickup truck pulling a single-axle utility trailer attempted to pass a black Dodge 4500 towing a trailer. Police said an eastbound Hyundai Elantra tried to avoid a collision with the Chevrolet, lost control in the gravel on the eastbound shoulder, veered into the westbound lane and collided with the trailer pulled by the Dodge 4500.
The driver and passenger of the Hyundai were flown by air medic to a local hospital with serious injuries.
The crash affected traffic for about five hours. The driver of the Chevrolet was cited for careless driving and unsafe passing.
OSP is asking anyone who may have seen the Chevrolet driving westbound on Highway 20 at the moment of, or prior to, the collision to contact the OSP Northern Command Center dispatch at 800-442-0776 or *OSP (*677) from a mobile phone. Callers should reference case number SP26-255130.
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