Oregon Has 2nd-Biggest Price Drop for Gallon of Gas in the Nation

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Oregon drivers are enjoying gas prices that are falling more quickly than in other states.

For the week, the national average for regular slips two cents to $2.57 a gallon. The Oregon average drops six cents to $3.12. This is the fourth-largest weekly decline in the nation. Oregon also has the second-largest monthly decline in the nation with a drop of 19 cents.

“Since the end of October, gasoline demand has mostly decreased as gasoline stocks have mostly increased, paving the way for cheaper pump prices,” says Marie Dodds, public affairs director for AAA Oregon/Idaho. “AAA expects gas prices to continue to trend lower between now and the end of the year.”

Oregon is one of 44 states and the District of Columbia where gas prices are lower now than a week ago; As mentioned above, Oregon (-6 cents) has the fourth-largest weekly decline in the country. California (-10 cents) has the largest week-over-week decline, Ohio (-9.5 cents) is second, and Nevada (-7 cents) is third. Florida (+8 cents) has the biggest weekly jump.

This week there are six states with an average above $3 a gallon, same as a week ago. For the fourth week in a row, there are no states with an average above $4 a gallon. California’s average had topped the $4 mark earlier this fall.

The cheapest gas in the nation can be found in Texas ($2.22) and Mississippi ($2.23). For the 43rd week in a row, no states have an average below $2 a gallon.

Oregon is one of 39 states with lower prices now than a month ago. The national average is five cents less and the Oregon average is 19 cents less than a month ago. This is the second-largest monthly decrease in the nation. California (-36 cents) has the largest month-over-month decline, Nevada (-16 cents) is third, and Washington (-15 cents) is fourth. Florida (+11 cents) has the largest month-over-month increase.

Oregon is one of 41 states where drivers are paying more than a year ago. The national average is 15 cents more and the Oregon average is five cents more than a year ago.