Regional News

Gas Prices Will Remain High

An OPEC oil minister from Saudi Arabia says crude oil prices need to remain around  $100 a barrel, and that would keep gas prices about where they are.  In Oregon and Washington gas prices dropped around four-cents last week.  Oregon’s average $3.74 and in Washington it's $3.78.  Diesel declined a nickel to $4.10 in Oregon and $4.13 in Washington.  Crude is currently around $95 a barrel; and if that's the target, you can expect prices won't change very much.

 

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