Oregon, Wash. gasoline prices shooting up - with no end in sight
Gasoline prices are skyrocketing along the West Coast and around the nation - and they don't show any sign of slowing anytime soon, according to a website specializing in fuel consumer issues.
The survey, by GasBuddy, found that Oregon’s gasoline prices have shot up by an average of 52 cents over last month’s average - with an increase of nearly 16 cents per gallon in the past week alone.
According to the survey, the average price in Oregon is now $3.29 a gallon – the state with the fifth most expensive gas prices in the U.S.
Washington state has the third most expensive price per gallon, at $3.34.
Along the I-5 Corridor:
- Vancouver- $3.44/g, up 23.9 cents per gallon from last week's $3.20/g.
- Portland- $3.29/g, up 9.1 cents per gallon from last week's $3.20/g.
- Salem- $3.22/g, up 9.9 cents per gallon from last week's $3.12/g.
- Eugene- $3.32/g, up 12.2 cents per gallon from last week's $3.20/g.
- Medford- $3.36/g, up 8.3 cents per gallon from last week's $3.27/g.
- Longview- $2.75/g, down 54.3 cents per gallon from last week's $3.29/g.
Nationwide, the average gas price has now risen for the ninth straight week, adding 57 cents a gallon in that time and now costing Americans about $200 million more per day than it did to start the year.
California is experiencing the highest prices in the 48 contiguous states. The average gas price there is firmly above $4 per gallon and is quickly trending toward $4.15, according to the Gas Buddy survey.
The sharp increases are due to a series of refinery cutbacks and changeovers from winter gas blends to summer blends.
"The effect of rising prices isn’t about to let up as a spate of refinery outages on the West Coast and in California has given way to a tightening of summer blended gasoline in advance of the summer driving season set to kick in in the weeks ahead," said Dan McTeague, senior petroleum analyst with GasBuddy.