gazettetimes.com

Oregon gas prices drop despite national rise

Posted: Wednesday, September 17, 2008 12:00 am

PORTLAND (AP) - For now, Oregon has dodged the gas price bullet from Hurricane Ike, with a slight drop in prices against a nationwide average increase of about 20 cents a gallon.

Oregon's average for a gallon of regular was down 3 cents last week to $3.73 and is 34th-highest in the nation, the Oregon-Idaho AAA said Tuesday.

Oregon usually is among the nation's 15 most expensive states for gasoline.

Crude oil prices dipped below $100 a barrel this week for the first time in six months.

There were fears that Hurricane Ike would disable Gulf Coast oil production.