The national average cost for a gallon of gasoline dipped over the past week, reaching a price lower than at the same point in any of the previous two years. It’s the lowest they’ve been since the Russia-Ukraine war began in 2022, sending prices soaring well above normal levels for much of that year.
Lackluster demand, rising inventory in the U.S., and decisions by the Organization of the Petroleum Exporting Countries to phase out cuts to production are among the factors that account for the lower prices.
The lowest gas prices this week can be found in the Gulf Coast states. States including Indiana, Alaska, Illinois, Florida, Ohio, Kentucky, and Michigan have seen prices drop by 13 cents or more over the past week—the largest price drops in the country.
Stacker compiled statistics on gas prices in Oregon. Gas prices are as of June 7.
Oregon by the numbers
– Gas current price: $4.17
– Week change: -$0.10 (-2.3%)
– Year change: -$0.14 (-3.2%)
– Historical expensive gas price: $5.55 (6/15/22)
– Diesel current price: $4.10
– Week change: -$0.03 (-0.8%)
– Year change: -$0.32 (-7.3%)
– Historical expensive diesel price: $6.47 (7/3/22)
Metros with most expensive gas in Oregon
#1. Portland-Vancouver (OR only): $4.28
#2. Grants Pass: $4.25
#3. Salem: $4.16
#4. Medford-Ashland: $4.14
#5. Albany: $4.03
#6. Eugene-Springfield: $4.03
#7. Bend: $4.01
#8. Corvallis: $4.01
#9. Pendleton: $3.94
States with the most expensive gas
#1. California: $4.96
#2. Hawaii: $4.76
#3. Washington: $4.43
States with the least expensive gas
#1. Mississippi: $2.97
#2. Arkansas: $2.99
#3. Oklahoma: $3.00
This story features writing by Dom DiFurio and is part of a series utilizing data automation across 50 states.
Stacker
Stacker is a news organization that produces and distributes data journalism to the world’s news organizations. Founded in 2017, Stacker combines data analysis with rich editorial context, drawing on authoritative sources and subject matter experts to drive storytelling. This article has been republished pursuant to a CC BY-NC 4.0 License.