Gas prices rose for eight consecutive days in the United States following a decision by the Organization of Petroleum Exporting Countries to curb production, according to AAA Oregon/Idaho. Local gas prices fell, however, as expected in the winter.
Last week the cartel of oil-producing countries, which includes Saudi Arabia, the United Arab Emirates, Iran and Iraq, decided to reduce oil output by 1.2 million barrels per day and thin some of the supply that has saturated markets for the past two years.
Average gas prices in the United States rose a nickel, to $2.19 per gallon of regular unleaded. However, local gas prices dropped. The Oregon average fell from $2.41 to $2.40, while Vancouver’s average fell from $2.55 per gallon to $2.52.
Prices in Oregon and Vancouver are both more expensive by at least 10 cents per gallon than they were a year ago.