As the Thanksgiving holiday nears, Oregon gas prices fall another 15 cents; still 87 cents higher than last year > Oregon

And analysts say prices are expected to fall further

CHICAGO (KTVZ) — Average gasoline prices in Oregon fell 15.4 cents a gallon over the past week to average $4.62/g on Monday, according to GasBuddy’s survey of 1,307 gas stations in Oregon.

Prices in Oregon are 48.6 cents a gallon lower than a month ago and 87.6 cents a gallon higher than a year ago. The national median price of diesel is down 6.7 cents over the past week to $5.28 a gallon.

According to GasBuddy price reports, the cheapest gas station in Oregon on Sunday was $3.89/g, while the most expensive was $5.59/g, a difference of $1.70/g.

The national median price of gasoline has fallen 11.9 cents a gallon over the past week and is averaging $3.64/g today. The national average is down 16.4 cents a gallon from the previous month and is 24.5 cents a gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 service stations cover across the country.

Historical gasoline prices in Oregon and the ten-year national average:
21 November 2021: $3.74/g (US average: $3.39/g)
21 November 2020: $2.50/g (US average: $2.11/g)
21 November 2019: $3.20/g (US average: $2.60/g)
21 November 2018: $3.16/g (US average: $2.58/g)
21 November 2017: $2.82/g (US average: $2.52/g)
21 November 2016: $2.43/g (US average: $2.13/g)
21 November 2015: $2.36/g (US average: $2.08/g)
21 November 2014: $3.05/g (US average: $2.83/g)
21 November 2013: $3.26/g (US average: $3.21/g)
21 November 2012: $3.50/g (US average: $3.42/g)

Areas in Oregon and their current gas prices:
Eugene – $4.57/g, 8.4 cents a gallon down from last week’s $4.65/g.
Salem – $4.34/g, 15.1 cents a gallon down from last week’s $4.49/g.
Portland – $4.80/g, 15.2 cents a gallon down from last week’s $4.95/g.

“What an incredible turnaround in the last week. While more states were expected to fall than last week, I didn’t expect every single state to jump on the bandwagon so quickly. But it’s great news as motorists prepare for Thanksgiving trips. with tens of thousands of stations under $3 a gallon and thousands more to come over the next few weeks barring a dramatic turnaround,” said Patrick De Haan, GasBuddy’s director of petroleum analysis.

“Everyone will see relief at the pump this week, with even sharper declines along the way, as oil prices plummeted last week and briefly traded below $80 a barrel. It’s not impossible that if oil markets hold here we could see a national average of $2.99 ​​around Christmas, certainly the gift every motorist is hoping for. Drivers shouldn’t be in a hurry to fill up as prices are set to drop almost coast to coast over the busy Thanksgiving holiday.

GasBuddy is the authoritative voice for gas prices and the single source for station-level data. GasBuddy’s survey is updated 288 times each day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is available at http://prices.GasBuddy.com.

GasBuddy also refuels KTVZ’s Pump Patrol with the cheapest gas prices in the High Desert

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