Gas prices’ steady climb slows, but continues

gas pump

 

PORTLAND, Ore. — The rapid increase of fuel prices has slowed, but not stopped.

The AAA auto club says its survey this week shows the average price up six cents to $3.57. Last week, Oregon’s average price of a gallon of gas was up 16.5 cents and this week’s price is still three cents below the national average.

The price has increased for 25 consecutive days.

The organization cites several reasons for the spike: Speculators betting on rising prices in coming months, higher crude prices and refinery shutdowns and the switch from cheaper winter-blend gasoline to the cleaner burning but more expensive summer fuel.





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