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News / Business / Business Briefs

AAA: Gasoline prices decreasing here, elsewhere

The Columbian
Published: November 14, 2018, 6:00am

Falling crude oil prices and the reduced demand for gasoline typically seen this time of year are sending pump prices lower in all 50 states. For the week, the national average for regular dropped 6 cents to $2.81 while Vancouver’s average fell 4 cents to $3.43. Oregon’s average fell a nickel to $3.28.

“Pump prices could fall even more, especially if we see a surge in gasoline production after refinery maintenance season wraps up,” Marie Dodds, public affairs director for AAA Oregon/Idaho, said in a news release.

Gas Prices are lower week-over-week in all 50 states and the District of Columbia. Ohio has the largest weekly decrease (12 cents). Arizona has the smallest weekly decrease (1 cent). Seven states have averages at or above $3 a gallon, down from eight last week.

Prices on the West Coast spiked last month after a natural gas pipeline rupture in British Columbia. This forced three Puget Sound refineries to shut production units and impacted gas prices in the region.

The West Coast continues to have the most expensive gas prices in the nation. Hawaii tops the list for the 23rd week in a row. California, Washington, Alaska, Oregon, Nevada and Idaho round out the top seven. Oregon is fifth for the fourth week in a row. California and Oregon saw the largest drops at a nickel each.

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