Gas prices in Oregon continue to drop, while the national average increases

Gasoline prices in Oregon have seen a decrease of 3.6 cents per gallon over the past week, settling at an average of $3.55/g on Monday. This data is based on GasBuddy’s survey, which analyzed 1,307 stations across the state. Compared to a month ago, prices have dropped by 16.3 cents per gallon, and when compared to the same time last year, prices are 21.5 cents per gallon lower.

GasBuddy price reports indicate that on Sunday, the least expensive station in Oregon had a price of $2.97/g, while the most expensive station had a price of $4.69/g. This shows a significant difference of $1.72/g between the cheapest and most expensive stations.

According to GasBuddy data, the price of gasoline in the United States has increased by an average of 4.3 cents per gallon in the past week. As of Monday, the national average price stands at $3.12 per gallon. This represents a 4.0 cent increase from the previous month, but is still 32.5 cents lower compared to the same time last year. GasBuddy’s data is compiled from over 11 million weekly price reports, which cover more than 150,000 gas stations across the country.

Historical gasoline prices in Oregon and the national average over the past ten years are as follows:

– February 5, 2023: $3.76/g (U.S. Average: $3.44/g)
– February 5, 2022: $3.91/g (U.S. Average: $3.43/g)
– February 5, 2021: $2.63/g (U.S. Average: $2.46/g)
– February 5, 2020: $2.91/g (U.S. Average: $2.46/g)
– February 5, 2019: $2.67/g (U.S. Average: $2.29/g)
– February 5, 2018: $2.84/g (U.S. Average: $2.60/g)
– February 5, 2017: $2.51/g (U.S. Average: $2.26/g)
– February 5, 2016: $1.98/g (U.S. Average: $1.76/g)
– February 5, 2015: $2.16/g (U.S. Average: $2.15/g)
– February 5, 2014: $3.25/g (U.S. Average: $3.26/g)

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Neighboring areas and their current gas prices:
– Eugene: Gas prices in Eugene have increased by 8.3 cents per gallon from last week’s $3.28/g to $3.37/g.
– Salem: Gas prices in Salem have also seen a slight increase of 0.7 cents per gallon, now standing at $3.37/g compared to last week’s $3.36/g.
– Portland: On the other hand, gas prices in Portland have decreased by 4.0 cents per gallon, dropping from $3.80/g to $3.76/g.

The price of diesel nationwide has increased by 3.0 cents over the past week, reaching $3.92 per gallon.

According to Patrick De Haan, head of petroleum analysis at GasBuddy, the majority of states experienced a slight increase in gasoline prices over the past week. This can be attributed to the rise in oil prices, which have reached multi-month highs. Although the price increases were moderate, it is expected that the trend will pick up pace towards the end of the month. Currently, the average gas price in the U.S. stands at $2.99 per gallon, but this figure is likely to change soon.

Southern California is currently in the process of transitioning to summer gasoline, which typically comes with increased prices. However, there may be a temporary opportunity for some interior states to benefit from a “clearance sale” on remaining winter gasoline as refiners work to remove these time-sensitive barrels from the system. It’s important for drivers not to be deceived into thinking that any decrease in prices is a long-lasting trend; rather, it is expected to be a very short-term occurrence. As we approach the start of spring, any modest and temporary price drops are likely to be replaced by more expensive gasoline.

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GasBuddy serves as the go-to resource for accurate and reliable gas prices, offering the most extensive collection of station-level data available. With a survey that updates 288 times daily, GasBuddy pulls information from a diverse range of sources, covering nearly 150,000 stations across the country. This commitment to providing the most comprehensive and up-to-date data makes GasBuddy the ultimate authority on gas prices. To access GasBuddy’s wealth of information, visit their website at http://prices.GasBuddy.com.

GasBuddy powers KTVZ.COM’s Pump Patrol, showcasing the cheapest gas prices reported by local residents on the High Desert.

Gas prices in Oregon are once again showing a decline, while the average across the United States is on the rise. This update comes from KTVZ, who reported on the current trend in gas prices.

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