🚀 go-pugleaf

The average cost of gasoline in Oregon is dropping. 

Since May 22, the state's average price for a gallon of regular dropped
11 cents per gallon to $3.30, according to AAA Oregon. In the same time
period, the national average price declined by only 6 cents to $3.15. 

Domestic refineries have overcome significant production problems and
increased daily gasoline output is enabling national inventories to
strengthen. Even as the price of crude oil moved upward in recent days,
the improved availability of fuel pushed gasoline prices downward. 

"We expect gasoline prices to continue to fall," said Elliott Eki, AAA
Oregon public affairs director. "But, we are concerned about the
hurricane season which began last week. According to the Oil Price
Information Service, although inventories are building, we entered the
current hurricane season with the lowest amount of gasoline per capita
in the modern era." 

Tom Kloza, Oil Price Information Service senior analyst, said nationwide
there are less than 21 days of gasoline in primary storage, compared
with 23 days last year and 32 days 25 years ago. He said the next 30
days are crucial to create a safety net for areas with lean inventories. 

At $3.28, Oregon's average gasoline price ranks ninth-highest in the
nation. Illinois has the nation's highest statewide average price at
$3.45. Hawaii is second at $3.41, followed by Michigan and California.
Washington's average price is down to $3.34, Nevada's is $3.27 and
Idaho's moved up to $3.27. New Jersey's statewide average price is the
lowest in the nation at $2.95. 

The national average diesel price now stands at $2.90 per gallon. In
California, diesel averages $3.13 per gallon; in Washington it is $3.05;
in Idaho, it is down to $2.96 and in Nevada it is up to $3.07. Oregon's
average diesel price fell to $2.93.