Both supply and demand for gasoline in the U.S. have dipped, helping to stabilize the national average and minimize movement in pump prices. However, prices are climbing in half of all states, including Oregon.
For the week, the national average for regular remains at $3.18 a gallon. The Oregon average gains three-and-a-half cents to $3.80. This is the largest weekly increase in the country.
Although the drop in demand has helped to minimize pump price increases, elevated crude prices continue to keep pump prices high as the end of summer draws near.
“During the run-up to Labor Day weekend, pump prices will likely continue to fluctuate due to high crude prices. However, gas demand typically drops considerably after the final holiday weekend of summer, bringing much needed relief to drivers when they fill-up this fall,” says Marie Dodds, public affairs director for AAA Oregon/Idaho.
With cases of COVID-19 surging across the U.S. due to the delta variant, travel and gasoline consumption are seeing impacts. Visit AAA.com/covidmap for an interactive map with the latest travel information. Find AAA’s latest COVID-19 information for travelers here.
Oregon is one of 25 states with higher prices now than a week ago, and Oregon (+3.5 cents) has the largest weekly increase in the country. Michigan (-4 cents) has the biggest week-over-week decline. Averages in New York and the District of Columbia are flat.
California ($4.41) and Hawaii ($4.09) continue to have the most expensive gas prices in the country. This week Nevada ($4.06) joins California and Hawaii as the only states in the nation with averages above $4 a gallon, and 36 states and the District of Columbia are above $3, up from 35 states and D.C. a week ago.
The cheapest gas in the nation is in Mississippi ($2.79) and Louisiana ($2.84). For the 32nd week in a row, no state has an average below $2 a gallon.
