Pump prices are fairly steady this week with slight increases or decreases in most states. For the week, the national average for regular adds a penny to $2.87 a gallon. The Oregon average slips a penny to $3.31.
“During July, pump prices usually move a bit lower,” said Marie Dodds of AAA Oregon/Idaho. This year, however, crude oil prices are about $22 more per barrel than last year. If this trend continues, and we see any supply disruptions such as a hurricane, pump prices could climb in a hurry.”
Oregon is one of 24 states reporting week-over-week decreases. The largest are in Arizona (-3 cents) and New Mexico (-2 cents). The largest weekly increases are in Florida (+7 cents) and Michigan (+7 cents). This week 12 states have averages at or above $3 a gallon, down from 13 a week ago.
Oregon is one of 39 states where prices are lower than one month ago. The national average is two cents less and the Oregon average is one cent less than a month ago. Oregon has the 47th-largest monthly decrease in the country. New Mexico (-12 cents) has the largest monthly decrease, while Ohio (+10 cents) has the largest monthly increase.
The West Coast continues to have the most expensive gas prices in the nation. Hawaii tops the list for the sixth week in a row with California, Washington, Alaska, Oregon and Nevada rounding out the top six. Oregon is fifth for the fourth consecutive week.
