Gas Price Increases Hit the Brakes

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Production increases of gasoline and a dip in crude oil prices are helping to put the brakes on rising pump prices. Most states including Oregon are seeing pump prices hold fairly steady or even decline.

For the week, the national average for regular ticks down a penny to $2.86 a gallon. The Oregon average remains at $3.20.

“Gas prices zoomed up in March and consumers are finally seeing some stability at the pumps. Cheaper crude prices should help to keep gas price fluctuations to a minimum this week,” says Marie Dodds, public affairs director for AAA Oregon/Idaho.

Oregon is one of 44 states and Washington D.C. where prices have changed less than two cents in the last week. Ohio (-7 cents) has the largest weekly decrease. Hawaii (+3 cents) has the biggest week-over-week increase.

California ($3.94) and Hawaii ($3.74) continue to have the most expensive gas prices in the country. In all, 10 states and the District of Columbia are above $3, same as a week ago.

The cheapest gas in the nation is in Texas ($2.58) and Mississippi ($2.58).  For the 14th week in a row, no state has an average below $2 a gallon.

Oregon is one of 28 states with higher prices now than a month ago, and six states have double-digit monthly increases. The national average is a penny more and the Oregon average is nine cents more than a month ago. This is the seventh-largest month-over-month increase in the nation. Hawaii (+19 cents) has the largest monthly increase in the country.  Delaware (-8 cents) has the biggest monthly decline.

(Graphic by AAA Oregon/Idaho)