AAA Reporting Lower Gas Prices, & They Could Go Lower

By Jim McCoy Tue 22nd October Newsgas prices
Retail gas prices are edging lower or holding steady in most markets compared to a week ago. The national average for regular unleaded ticks down half a cent to $3.34 a gallon this week, while the Oregon average loses a nickel to $3.50. The national average remains at its lowest point since January, and Oregon’s remains at its lowest price since early February. AAA says barring unforeseen events, the national average could fall to as low as $3.10 to $3.20 a gallon by late December which would be the lowest mark since February 2011 and the least expensive price for gas during the holiday season in three years. In Oregon, the average could dip as low as $3.20 to $3.30 a gallon which would be the lowest price since January 2011. The cheapest gas in the state can be found in the Eugene/Springfield area, where the average is $3.44. The average for Medford is $3.52.

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