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Pump Prices Fall For The Holidays

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The holiday season is delivering a gift for drivers as gas prices in Oregon and across the country continue to fall. AAA reports the national average is down to its lowest price since May 2021 while the Oregon average is at its cheapest price since February of this year. The cheaper pump prices come as a record number of Americans get ready to travel for the holidays. For the week, the national average for regular declines four cents to $2.91 a gallon. The Oregon average tumbles nine cents to $3.61 a gallon. This is the second week in a row that the Oregon average has decreased by nine cents.

National State Local Gas Prices 12-16-25

“The falling pump prices are driven by crude oil prices below $60 per barrel and refineries cranking out plentiful supplies of gasoline. Lower gas prices should stick around as we close out 2025, if there are no geo-political events that impact crude oil prices and/or disruptions to production or distribution of fuel,” says Marie Dodds, public affairs director for AAA Oregon/Idaho.

AAA projects record travel for the holidays with 122.4 million Americans including 1.7 million Oregonians traveling 50 miles or more for the Christmas, Hanukkah, and New Year holidays. This year’s travel volume is up 2.2% over 2024. About 89% of travelers will drive, 6.6% will fly, and 4% will go by cruise, train or bus. Find all the details, top destinations, and advice for travelers in the AAA holiday travel news release.

The national average for regular gas is less expensive than last year, while the Oregon average is more expensive. Read more on AAA’s website

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