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Fuel Inflation a Variable Factor Nowadays

Friday, September 1, 2023   (0 Comments)

Current Oregon average fuel prices remain very volatile, hinging-on daily changes due to obstacles in production or delivery of global oil products to distant Oregon markets:

  • Gas, regular $4.76 (month-ago 4.61; year-ago $4.77)
  • Diesel fuel $5.08 (month-ago 4.49; year-ago $5.65)
Look out!  Higher prices at Oregon’s pump and disrupted fuel supplies are likely in the coming months.  Impacts are due to inflationary crude oil prices, new OPEC crude supply limits, harsh government regulation, and disputes between out-of-state petroleum refiners and Oregon Department of Environmental Quality (DEQ).  Oregon customarily has the top-5 highest gas prices in the nation, due to fuel taxes, regulation, and lacking refinery access. 

(Note: AOL and numerous coalition partners are currently engaged in a legal challenge aiming to overturn DEQ’s 2021 illegal rulemaking, which created the costly Climate Protection Program CPP limits on future fuel sales.)

PO Box 12339, Salem, OR 97309

Tel: (503) 364-1330

Fax: (503) 364-0836

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