Oregon gas prices surge over 30 cents, Deschutes County slightly lower than state average
Tracee Tuesday
BEND, Ore. (KTVZ) — Gasoline prices in Oregon have increased by 30.4 cents per gallon in the last week, averaging $4.41/g today, according to GasBuddy’s survey of 1,307 stations in Oregon.
Here in Central Oregon, Deschutes County is sitting slightly below the state’s average at $4.27/g.
The national average price of gasoline has risen 23.2 cents per gallon in the last week, averaging $3.68/g today. The average cost of diesel has increased as well — 34.0 cents compared to a week ago, and now stands at $4.95/g.
GasBuddy’s head of petroleum analysis, Patrick De Haan, said that geopolitical tensions in the Middle East remain elevated, pushing gasoline prices to their highest levels in years.
KTVZ’s Claire Elmer is visiting local gas stations around Bend to learn more about the impacts on Central Oregonians. Tune in for her report Monday on KTVZ News at 4:00p.m.
Earlier Story — CNN is reporting, global oil prices are rising again amid escalating tensions with Iran, a shift that is beginning to show up at the pump in Oregon and across Central Oregon.
On Sunday, crude oil prices climbed to their highest level since July 20–22. Brent crude, the global benchmark, rose nearly 3% to just over $106 a barrel. U.S. oil also increased, gaining about 2.6% to reach $101 a barrel.
The price jump follows comments from President Donald Trump suggesting the war with Iran could continue for several more weeks. Iran has been blocking oil tankers from moving through the Strait of Hormuz, a critical shipping route that carries roughly 20% of the world’s oil supply. Over the weekend, Trump called on the international community to help reopen the strait.
The global uncertainty is already affecting drivers closer to home. According to AAA, gas prices across Oregon have been climbing, with the statewide average for regular gasoline sitting around $4.46 per gallon.
In Bend, drivers are paying slightly more, with regular unleaded averaging about $4.47 per gallon. Analysts say if oil prices continue rising and shipping disruptions persist, prices at the pump could increase further in the coming weeks.