For the first time since Feb. 23, the Oregon average for regular unleaded has dropped below $4 a gallon.
Gas prices continue to fall in all 50 states again this week, according to AAA Oregon/Idaho. Lower crude oil prices, lackluster demand for gas, and growing gasoline stocks are the major drivers. For the week, the national average for regular loses 14 cents to $3.25 a gallon.
The Oregon average tumbles 18 cents to $3.98. Oregon has the ninth-largest weekly drop and fifth-largest monthly drop for a state in the nation.
For the first time since Feb. 23, the Oregon average for regular unleaded has dropped below $4 a gallon. Gas prices continue to fall in all 50 states again this week. Lower crude oil prices, lackluster demand for gas, and growing gasoline stocks are the major drivers. For the week, the national average for regular loses 14 cents to $3.25 a gallon. The Oregon average tumbles 18 cents to $3.98. Oregon has the ninth-largest weekly drop and fifth-largest monthly drop for a state in the nation.
Pump prices are lower this week in all 50 states and the District of Columbia. Alaska (-27 cents) has the largest weekly drop, followed by Montana (-27 cents), California (-21 cents), Nevada (-20 cents), and Michigan (-19 cents). Oregon (-18 cents) has the ninth-largest weekly drop. Hawaii (-4 cents) has the smallest weekly decline.
Hawaii ($5.14) is the state with the most expensive gas in the nation for the third week in a row and is the only state with an average at or above $5 a gallon. California ($4.51) is second and Nevada ($4.24) is third. This week four states have averages at or above $4, 31 states and the District of Columbia have averages in the $3-range, and 15 states have averages below $3 a gallon.
The cheapest gas in the nation is in Texas ($2.69) and Oklahoma ($2.70). For the 101st week in a row, no state has an average below $2 a gallon.
The difference between the most expensive and least expensive states is $2.46 which continues to be stark.
All 50 states and the District of Columbia have lower prices now than a month ago. The national average is 53 cents less and the Oregon average is 82 cents less than a month ago. Oregon has the fifth-largest monthly decrease in the nation. California (-93 cents) and Alaska (-91 cents) have the largest monthly decline. Hawaii (-5 cents) has the smallest.
Oregon is one of 16 states and the District of Columbia with higher prices now than a year ago. The national average is nine cents less and the Oregon average is 20 cents more than a year ago. This is the fifth-largest year-over-year increase in the nation.
