AAA: Gas Prices Driven By Speculation, Crude Prices, & Refinery Shutdowns

By Jim McCoy Tue 12th February NewsAAAgas price
Higher crude prices, speculation and refinery shut downs are being seen as the culprits for the recent high gas prices. Unlike like 2011 with Libya, or 2012 with Iran, geopolitical unrest in not been a major contributing factor. According to Triple-A Oregon, the average for a gallon of unleaded regular in Oregon is $3.57, just below the national average of $3.60. Today’s price is a record high for this day on the calendar. In the Medford/Ashland area, the average of $3.63 a gallon is the highest in the state. The lowest in the state may be found in Bend, where the average is $3.545, just a shade below the Portland area.

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