Little Change in Price of Gas

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Retail gas prices are showing minimal movement again this week with pump prices changing by three cents or less in 41 states including Oregon. For the week, the national average for regular adds one-and-a-half cents to $3.06 a gallon.

The Oregon average gains two cents to $3.45.

Pump prices are poised to fluctuate in the coming week due to rising crude oil prices along with a drop in demand and increase in supply.

“Drivers can expect pump prices to fluctuate over the next few weeks, depending on supply, demand, the price of crude, and U.S. refinery utilization rates,” says Marie Dodds, public affairs director for AAA Oregon/Idaho.

Oregon is one of 41 states and the District of Columbia where prices are higher week-over-week. Most increases are relatively small—all but three states have increases of a nickel or less. Indiana (+9 cents) has the largest weekly increase in the country. Michigan (-3 cents) has the largest weekly decline.

California ($4.22) and Hawaii ($3.95) continue to have the most expensive gas prices in the country.

California is the most expensive state for the 21st week in a row and is the only state in the nation with an average above $4 per gallon. Hawaii, Nevada, Washington, and Oregon round out the top five. Alaska is seventh. Arizona is 13th. Oregon is fifth for the 14th week in a row.

All seven states in the West Coast region are among the 20 states in the country, along with D.C., that have averages above $3 a gallon.

(Graphic by AAA Oregon/Idaho)