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Local Gas Prices Move Lower

BEND, OR -- Gas prices across continue to drop.  AAA-Oregon said the national average price for a gallon of gas fell four cents in the past week to $3.35, while the Oregon average fell four cents as well to $3.60.  The national average is at its lowest point since late January, and Oregon’s is at its lowest price since late April.

“While U.S. and global markets work to evaluate the impact of the federal government shutdown and renewed U.S. debt ceiling concerns, retail gas prices continue to move lower,” said AAA-Oregon's Marie Dodds.

Gas prices in every state and the District of Columbia are lower for the week, month and year; however the degree of decline varies dramatically.  The current national average is 22 cents less than one month ago and 47 cents less than the same day last year.  The current Oregon average is eight cents less than a month ago and 47 cents less than a year ago.

"Most drivers are paying the lowest gas prices in months due to abundant gasoline supplies, the end of the summer driving season, lower oil costs and the switchover to winter-blend gasoline," Dodds added.  “Supply and demand is working in most consumers’ favor with consumption down and gasoline stocks more than 10 percent higher than a year ago.”

Here are some of the lowest gas prices across Central Oregon:
$3.45 a gallon in Bend
$3.39 a gallon in Redmond
$3.59 a gallon in Madras
$3.67 a gallon in Sisters
$3.59 a gallon in Prineville
$3.63 a gallon in La Pine

If you see local news happen, call the Horizon Broadcasting Group News Tip Hotline at 541-323-NEWS, or email us.

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Topics : Business_Finance
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Locations : Central OregonDistrict Of ColumbiaMadrasOregonPrineville
People : Marie Dodds
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