Oregon Sees 2nd Largest Monthly Gas Price Drop In the Nation

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Portland, Ore., – Oregon saw a 31 cent drop in gas prices in one month, making it the 2nd in the country for the largest one month dip.

“As the refinery maintenance season nears its peak, pump prices are volatile in some regions, largely due to fluctuations in supply and demand. For the week, the national average for regular gains two cents to $2.31 while Oregon’s average loses a nickel to $2.38. Oregon has the second-largest monthly drop in the nation at 31 cents, and is 22nd most expensive in the nation. Usually we’re in the top ten most expensive states,” says AAA Oregon/Idaho Public Affairs Director Marie Dodds.

“As the refinery season wraps up, AAA predicts drivers could still see the national average fall below $2 a gallon for the first time since 2009 as long as crude oil prices don’t increase and there are no unexpected disruptions to supply.”

For the second week in a row, retail averages are below $3 per gallon in every state. California ($2.91) remains the nation’s most expensive market for retail gasoline and is joined by Hawaii ($2.88), Nevada ($2.86), Alaska ($2.74) and Illinois ($2.58) in the rankings as the top five most expensive markets. For the third week in a row, Oregon is out of the top 10.

Oregon’s average is 22nd most expensive, down from 14th last week. South Carolina ($1.97) and New Jersey ($1.98) have averages below $2 per gallon, and five additional states are within a nickel of this benchmark.

If you see local news happen, call the Horizon Broadcasting Group News Tip Hotline at 541-323-NEWS, or email us.

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