Local News

Gas Prices Hold Steady

Gas prices held steady this week. The national average remains 4.24 a gallon while Oregon’s statewide average rose slightly, to 4.72. Triple A's Marie Dodds says we are seeing gas prices fairly stable because crude oil prices are fairly stable. The bad news is crude oil prices remain stubbornly above $100 a barrel. Dodds added there’s no way to know how long the high prices will last,  because the biggest driver is so unpredictable - the Russian invasion of Ukraine. U-S demand for gasoline typically increases this year, pushing prices higher. But Dodds says demand is actually down for the second week in a row, likely due to drivers changing habits because of high prices at the pump. 

 

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