The nation is talking about the record high gas prices. Oregon is no different. The average price of a gallon of regular gasoline in Oregon reached an all-time high of $4.72 last Thursday. Crude oil prices skyrocketed reportedly amid fears of a disruption of Russian oil imports to the United States and European countries.
Oregon’s price is the fourth highest nationally. However, there is a large price spread among Oregon’s 36 counties. Malheur County in eastern Oregon has the lowest average gas price among the counties at $4.34 per gallon. AAA data shows also shows that gas prices are at their highest in southern Oregon’s Josephine County, at an average of $4.95 per gallon.
Shipping expenses along with city and/or county taxes are a part of the reason for gasoline price increase. Stacker compiled statistics on gas prices in Portland-Vancouver metro area using data from AAA.
Gas Prices by the numbers:
Current Portland price: $4.76
Oregon State average: $4.72
Week change: +$0.57 (+13.7%)
Year change: +$1.67 (+53.9%)
Historical expensive gas price: $4.76 (3/10/22)
Metros with the most expensive gas
San Rafael, California: $5.91
San Luis Obispo-Atascadero-Paso Robles, California: $5.88
San Francisco, California: $5.83
Metros with the least expensive gas
St. Joseph, Missouri: $3.72
Joplin, Missouri: $3.73
Amarillo, Texas: $3.74
National average gas prices may continue to climb as the global oil market responds to Russia’s war against Ukraine.
Sanctions levied by the U.S. and the European Union have hindered Russia’s ability to sell crude oil, which is a major determinant of gas prices. While just 3% of America’s crude oil consumption comes from Russia, global volatility is contributing to rising prices in markets around the world.
The national average price per gallon rose 8 cents last Wednesday to a new record of $4.25. Last Tuesday’s record settings $4.17 per-gallon is notable. This average broke a longstanding record of $4.114 per gallon from 2008.
