Posted on 09/27/2022 8:58:19 AM PDT by george76
Prices could continue to rise, expert says..
The average price of gas in Oregon is up to $5 per gallon again after prices spiked by nearly 40 cents in the last week.
After a summer of declining prices, AAA reports that statewide prices jumped from $4.64 per gallon to $5 per gallon in the last seven days. Prices are also up 20.3 cents per gallon in the Portland-Vancouver area this week, with an average price of $4.98 per gallon, GasBuddy.com petroleum analyst Patrick De Haan noted.
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gas prices shooting up in several regions amidst myriad refinery issues from the West Coast to the Great Lakes and in-between,” De Haan said. “I don’t know that I’ve ever seen a wider gamut of price behaviors coast to coast in my career.”
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De Haan said that the spike is caused by a number of national issues, including refinery disruptions in the Western U.S. and Hurricane Ian in the Southeast.
“A slew of unexpected refinery disruptions, including fires and routine maintenance, have seemingly all happened in a short span of time, causing wholesale gas prices to spike in areas of the West Coast, Great Lakes and Plains states – and some of those areas could see prices spike another 25 to 75 cents per gallon, or more, until issues are worked out,” De Haan said. “In addition, as Tropical Storm Ian nears the U.S. coast, some refiners could see limited disruption.”
The average price of gas in Portland is currently 8.4 cents per gallon higher than it was a month ago, and $1.23 per gallon more than it was a year ago. According to GasBuddy, the cheapest station in Portland on Sept. 26 was $4.29 per gallon. The most expensive station was $5.49 per gallon.
Almost like that 5th Generation Warfare thing.
And what happens once Biden exhausts the Strategic Petroleum Reserve?
Funny, when I attempted to update GasBuddy with the Chevron price a message popped up saying that was too high. Yes, it is but sadly it is their current price.
5.80 for diesel laat night. 100 bucks for 3/4 of a tank. Lasts 2-3 weeks. I don’t drive much.
Damn that Putin.
TODAY news: The average price of a gallon of self-serve regular gasoline in Los Angeles County recorded its largest increase since July 14, 2015, Tuesday, rising 11.9 cents to $5.959, its highest amount since July 18. The average price has risen for 25 consecutive days, increasing 71.3 cents, including 4.1 cents Monday and 11 cents Sunday,
Three women running for Oregon governor: One Dem, one former Dem who hopefully will steal votes from the Dem, and one Republican.
In Northeast Ohio near PA, bought gas for 3.26 gal on Sat, it was 3.79 gal on Mon.
It went up 30 cents a gallon in NC in the last week.
And diesel is now cheaper than regular
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