Drivers cheer for $3.99 gas

Drivers cheer for $3.99 gas

By KATU Web Staff

GRESHAM, Ore. - Now if it would only drop by another $2.

Gresham drivers buying gas with cash at a Safeway market were downright cheerful to be paying $3.99 a gallon after a long drumbeat of increases that has pushed regular gas well over $4 per gallon.

Several other stations in the area were also at $3.99 per gallon and other stations were close to it but hovered just over $4.

The lowest prices were typically for cash sales, using a credit or gas card bumped the price up about a dime per gallon on average. Diesel fuel remains well over $4 per gallon.

A $16 drop in the price of oil last week is helping to stop the steady price escalations, but fears of damage to Gulf Coast oil facilities from hurricanes were driving the price back up Monday.

Drivers seemed upbeat about the current dip in prices, but realistic about the future.

One driver said he was sure oil companies would find a reason to get the price back up above $4 per gallon.

You can find the lowest gas prices in your area here..
Icon
Current Temp 52 °F
Partly Cloudy
More Weather

Travel Times

Traffic

Resources and info you need to prepare for the switch to DTV.

YouNews

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Viewer Poll

Does the potential rise in natural gas prices concern you?
Read more about it here

  • Yes
  • No
  • No, I don't use natural gas