Oregon gas prices fall over 19 cents in a week, still up 66 cents in a month, $1.57 in past year – KTVZ

And diesel costs are hovering, GasBuddy analyst says

CHICAGO (KTVZ) — Common gasoline costs in Oregon have fallen 19.4 cents per gallon within the final week, averaging $5.30/g Monday, in accordance with GasBuddy’s survey of 1,307 stations in Oregon. Nonetheless, costs in Oregon are 66.5 cents per gallon larger than a month in the past and stand $1.57/g larger than a yr in the past.

The nationwide common worth of diesel, in the meantime, has elevated 18.7 cents within the final week and stands at $5.06 per gallon.

In accordance with GasBuddy worth stories, the most cost effective station in Oregon was priced at $4.05/g Sunday whereas the costliest was $6.29/g, a distinction of $2.24/g. The bottom worth within the state Sunday was $4.05/g whereas the best was $6.29/g, a distinction of $2.24/g.

The nationwide common worth of gasoline has fallen 5.4 cents per gallon within the final week, averaging $3.86/g Monday. The nationwide common is up 20.6 cents per gallon from a month in the past and stands 56.6 cents per gallon larger than a yr in the past, in accordance with GasBuddy knowledge compiled from greater than 11 million weekly worth stories masking over 150,000 fuel stations throughout the nation.

Historic gasoline costs in Oregon and the nationwide common going again ten years:
October 17, 2021: $3.74/g (U.S. Common: $3.30/g)
October 17, 2020: $2.55/g (U.S. Common: $2.16/g)
October 17, 2019: $3.29/g (U.S. Common: $2.67/g)
October 17, 2018: $3.35/g (U.S. Common: $2.86/g)
October 17, 2017: $2.74/g (U.S. Common: $2.45/g)
October 17, 2016: $2.52/g (U.S. Common: $2.23/g)
October 17, 2015: $2.35/g (U.S. Common: $2.26/g)
October 17, 2014: $3.42/g (U.S. Common: $3.13/g)
October 17, 2013: $3.52/g (U.S. Common: $3.35/g)
October 17, 2012: $4.05/g (U.S. Common: $3.75/g)

Metro areas and their present fuel costs:
Eugene- $5.34/g, down 17.8 cents per gallon from final week’s $5.52/g.
Salem- $5.14/g, down 24.6 cents per gallon from final week’s $5.38/g.
Portland- $5.42/g, down 20.7 cents per gallon from final week’s $5.62/g.

“After a pointy rise within the nationwide common over the previous couple of weeks, we have seen an abrupt, but anticipated decline as refinery points have eased within the West and Nice Lakes, overpowering some will increase elsewhere. Although on the identical time, diesel costs have soared,” stated Patrick De Haan, head of petroleum evaluation at GasBuddy.

“We’ll see a continued sharp drop in fuel costs on the West Coast, together with areas like Las Vegas and Phoenix, that are equipped by refiners in California, as refinery outages have been addressed.

“The Nice Lakes will see costs drift decrease as BP’s Whiting refinery is quickly to finish upkeep. As well as, oil costs have cooled off barely after OPEC+’s choice to chop manufacturing, and that ought to sluggish will increase elsewhere. Diesel and heating oil costs are more likely to proceed to rise, as extraordinarily low inventories of center of the barrel merchandise like these two push costs larger.”

GasBuddy calls itself the authoritative voice for fuel costs and the one supply for station-level knowledge. GasBuddy’s survey updates 288 instances day by day from probably the most various listing of sources masking practically 150,000 stations nationwide, probably the most complete and up-to-date within the nation. GasBuddy knowledge is accessible at http://costs.GasBuddy.com.

GasBuddy additionally fuels KTVZ.COM’s Pump Patrol, exhibiting the bottom reported fuel costs on the Excessive Desert.