“Retail gas prices are moving down in most markets, however the Oregon average is once again the third most expensive in the country after spending the last two weeks in fourth place. For the week, the national average for regular unleaded falls a nickel to $3.38 a gallon while Oregon’s average loses four cents to $3.82 per gallon.” AAA Oregon/Idaho Public Affairs Director Marie Dodds says, “Persisting regional refinery issues and the resulting tight supplies have kept prices in the Pacific States elevated for the last several weeks. The top five most expensive states for gas are all in this region: Hawaii, Alaska, Oregon, Washington, and California. AAA says relief is on the way, and expects gas prices to fall another 10 to 20 cents by the end of October.”
The national average is at its lowest price for this date since 2010 when gas averaged $2.73. The five-cent drop in the national average in the last week is the steepest one-week drop since July. The Oregon average is at its lowest price since April of this year. Both the Oregon and national averages are below their year-to-date highs. The national average peaked at $3.70 a gallon on April 28. Oregon’s average reached its 2014 high of $3.99 on July 3.
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