Tuesday, May 31, 2016

Pump prices continue to tumble.  The national average for regular unleaded drops six cents this week to $3.52, while the Oregon average loses two cents to $3.67.

A year ago, the national average was at $3.91, close to its peak price for the year of $3.94 on April 5 and 6, 2012.  The national average has now fallen for 13 straight days, and 42 of 48 days since the peak 2013 price to date of $3.79 on February 27.

In Oregon, the year-to-date peak price is $3.80 a gallon on March 13.  A year ago, the Oregon average was $4.08.

Drivers in every state but Idaho are paying less for gas now than they were a week ago, and Idaho is one of only five states where drivers are paying more than a month ago.  The relief is fairly significant in most states:  40 states, including Oregon, have gas prices that are at least a dime a gallon less than a month ago, and seven states are paying at least 20 cents less.

 KAST Morning Blast

Get Our Top Stories Delivered To Your Inbox

 Enter Your Email In The Box And Click "Subscribe"

Wasn't that easy?