Central Oregon DailyCentral Oregon gas prices drop below $5 average

Central Oregon gas prices drop below $5 average

Central Oregon gas prices drop below  average

gas pumping stock

The average price for regular unleaded in Central Oregon is back below $5 per gallon, dropping nearly 50 cents in the past month. But it’s still nearly $1.10 more expensive than a year ago.

AAA said the average price in Bend is $4.97 per gallon Monday. That’s 66 cents higher than the all-time high for the region, set on June 14.

Diesel is still way up there at $5.85 per gallon on average. That’s down from $6.53 a month ago but up $3.81 this time last year.

The Oregon statewide average for regular is $4.94. For diesel, it’s $5.85.

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California and Hawaii are the only two states with the average price for regular at more than $5 per gallon.

GasBuddy, which monitors the industry, says nationwide gas prices have fallen for eight straight weeks.

“The national average is poised to fall back under $4 per gallon as early as today as we see the decline in gas prices enter its eighth straight week. By the end of the week, one hundred thousand stations will be at $3.99 or less,” Patrick De Haan, head of petroleum analysis at GasBuddy, said in a blog post. “The groundwork is laid for a ninth week of decline, with areas of the West Coast soon ditching the $5 per gallon average. While I’m upbeat the drop can continue for another couple weeks, we’re starting to see some activity in the tropics, which may increase risk of potential disruption.”

The states with the lowest average prices are Texas at $3.56, South Carolina at $3.59 and Oklahoma and Arkansas at $3.60.

 

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