The steady decline in retail gas prices over the last three months is now longer than any period AAA has previously tracked.
The national average for regular unleaded has fallen for 89 days in a row, which is the longest consecutive streak on record. Gas prices have fallen every day since September 25 to today’s average of $2.38, which is the lowest average price per gallon since May 2009.
“On Sunday, the decline in gas prices broke the previous record of 86 days set in 2008 during the height of the Great Recession,” says AAA Oregon/Idaho Public Affairs Director Marie Dodds.
In Oregon, average prices have dropped 28 days in a row for a total of 42 cents per gallon. Oregon had a remarkable decline earlier this year that was a much longer 75 days in a row from Aug. 27 to Nov. 10. The current Oregon average of $2.62 per gallon, which is the lowest price since June 2009.
For the week, the national average loses another 15 cents, which is the largest such decline in more than six years. Drivers are paying 43 cents less than one month ago and 85 cents less than one year ago to refuel their vehicles, which mark the largest declines for those spans since 2008 and 2009 respectively.
Both the national and Oregon averages are more than a dollar lower from the 2014 peak prices. The national average peaked at $3.70 a gallon in April and the Oregon average peaked at $3.98 in July.
Diesel prices are also falling. The national average loses 14 cents to $3.25 a gallon. Oregon’s average also skids 14 cents to $3.15.
