Local gas prices lowest in years - News - MailTribune.com - Medford, OR

Mail Tribune (Medford, OR — Wayback)

2014-10-29

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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Home News Latest Stories Emergency services Computer crash hit Tuesday paper, website Medford Schools Foundation supports programs the district can't Local gas prices lowest in years Fire marshal visit prompts cancellation of Sacred Heart haunted house Crime, Courts and Emergency Services Emergency services Fire marshal visit prompts cancellation of Sacred Heart haunted house Two injured in Hayes Hill crash OSP finds 68 pounds of marijuana in car during traffic stop Emergency services Politics and Elections Local gas prices lowest in years Ads attack Dotterrer and Bates Oregonians not in party mood Sign wars rage again in Phoenix Democratic contender not conceding victory to Walden Education Medford Schools Foundation supports programs the district can't Fire marshal visit prompts cancellation of Sacred Heart haunted house Kids Unlimited Academy awarded $450,000 grant County helps fund RCC job training SOU student says free speech issue overblown Environment Local gas prices lowest in years Where do all those leaves go? Ashland council calls for divestment from fossil fuel Reintroduction of McCloud River salmon inspires film, tribe Rite Aid bear cub may be released into the wild in spring State news Nation - World Obituaries Bess Hamers Mary Frost Newcomb Jassen M. Hatley Steven M. Rayburn Charles Stanley Rider Weather Photo Galleries Since You Asked Videos Web Cams Mail Tribune 100 Sports Latest Stories Thousands attend Taveras' Dominican burial Parker helps Spurs edge Mavs 101-100 in opener With chance at title, Giants unravel quickly Ashland's Guthrie to start Game 7 tonight Seventh Heaven Varsity 541 College Sports Stanford trying to upend No. 5 Oregon a new way Ducks try to loosen up a bit for Stanford Mississippi State, Florida State top playoff list Georgia still waiting for ruling on Gurley Pac-12 passes reforms for athletes Pro Sports Thousands attend Taveras' Dominican burial Parker helps Spurs edge Mavs 101-100 in opener With chance at title, Giants unravel quickly Ashland's Guthrie to start Game 7 tonight Seventh Heaven Community Sports Results / Standings LOCAL EVENTS LOCAL RESULTS Business Latest Stories Local gas prices lowest in years Revenue rises for Harry & David's parent company Where do all those leaves go? Business Briefs Volvo V60 R-Design is all work, all play Real Estate News New I-5 interchange puts south Medford on fast lane to fast food Lithia buys Clovis dealership Rental vacancies increase Jackson County real estate sales, prices continue rebound Pallet Wine Co. expands in downtown Medford People In Business People in Business Transportation Frontier Airlines to end Eugene-Denver service Business Resource Fair has answers Erickson's Navy contract extended Lithia buys Clovis dealership Agriculture Revenue rises for Harry & David's parent company Where do all those leaves go? Hundreds look for work at Harry & David hiring fair Umpqua Holdings more than doubles net earnings Harry & David will hold hiring fair Thursday Opinion Latest Our View: Any new gas tax must be equitable Letters to the Editor, Oct. 29 Measure 89 provides equality for women Granlund cartoon: Haunted White House 2014 Southeast center offers new approach to growth Editorials Our View: Any new gas tax must be equitable Southeast center offers new approach to growth Our View: Cost is a poor excuse for local pot tax Don't bet on pot windfall for schools Our View: SOU's 'free speech zone' constitutionally questionable Letters to the Editor Letters to the Editor, Oct. 29 Letters to the Editor, Oct. 28 Letters to the Editor, Oct. 27 Letters to the Editor, Oct. 26 Letters to the Editor, Oct. 26 Guest Opinions Measure 89 provides equality for women Eagle Point needs public transportation Guest Opinion: Common Core testing sets math students up for failure Guest Opinion: Campaigning and voting 'the Oregon way' Guest Opinion: A glimpse into the reality of our elections Lifestyle Latest stories 5 Things to Do This Weekend (Oct. 31-Nov. 2) Dear Monty: 10 tips toward a quality offer on a home Dave Ramsey: Extra savings takes away volatility Can’t get enough pumpkin-pie spice? Spices of Autumn Food Can’t get enough pumpkin-pie spice? Spices of Autumn Living and cooking in pear-a-dise Kitchen Call: A cookbook by its cover Community blog: Quick breads take well to gluten-free ingredients Home and Garden Dear Monty: 10 tips toward a quality offer on a home How to live and work in a tiny home Dear Monty: Rent-back clause prevents financial disaster​ Recycle plastic at The Expo Friday and Saturday How to know when trees and shrubs need to go Health Community blog: Finding My Roots Dr. Jeff Hersh: Controversy over breast cancer screening Dr. Murray Feingold: Choose a diet best for you Community blog: The Crowd And The Win - Better Health Joan Endyke: The importance of a healthy diet when pregnant Hiking Biking Faith Religion Briefs Religion Briefs Religion Briefs Religion Briefs Milestones and Achievements Guide promotes better food system Where do all those leaves go? Engagement Wedding: Potter-Hazel Wedding: Martin-Berg Columnist for a Day Rogue Healthy Aging Tempo Latest stories Patty Griffin plays the Historic Ashland Armory Puss 'N' Boots Costume Ball and Auction Southern Oregon Repertory Singers present harmonious voices, dissonant notes Beekeepers Ball is one sweet soiree Scottish music duo plays highland magic Theater Review: Funny 'Lion in Winter' roars to life at Camelot Theatre Camelot presents 'The Lion in Winter' 'Carnage' is short, smart, darkly funny Music Patty Griffin plays the Historic Ashland Armory Live Music in Local Clubs Southern Oregon Repertory Singers present harmonious voices, dissonant notes Beekeepers Ball is one sweet soiree Scottish music duo plays highland magic Community Events Puss 'N' Boots Costume Ball and Auction Theater's haunted house not for faint of heart Third Fridays in downtown Medford Works in progress Dining Back Porch Bar & Grill Yu's Yummy Yan's offers great take-out Agave offers tasty tacos Asian cuisine for all seasons at Misoya Bistro Tempo Videos Classifieds Jobs Autos Real Estate FEATURED   » Obituaries Blogs TV Listings Movie Listings Oregon Outdoors Oregon Healthy Living Magazines & Special Sections NEWS NOW   Our View: Any new gas tax must be equitable       ...       Measure 89 provides equality for women       ...       Providence ready to go as Oregon ebola treatment center       ...       Our View: Any new gas tax must be equitable       ...       Measure 89 provides equality for women       ...       Providence ready to go as Oregon ebola treatment center       ...           ECONOMICS Local gas prices lowest in years Prices are down in 40 states, with some stations below $3 a gallon By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Oct. 28, 2014 @ 5:00 pm By Greg Stiles Mail Tribune Posted Oct. 28, 2014 @ 5:00 pm »  Social News Oregon pump prices are finally trending in the right direction for motorists, consumers, retailers and shippers.  The Automobile Club of Oregon/Idaho Tuesday reported the average price for a regular gallon of unleaded fuel is $3.21, the lowest price since Feb. 1, 2011. Oregon still exceeds the national average for regular unleaded, which fell 6 cents to $3.03 per gallon, the lowest mark since December 2010. Prices are down in 40 states and the District of Columbia this week, with Oregon drivers benefiting from the largest weekly drop in the nation of 15 cents, and the largest monthly drop of 48 cents. "The higher you climb, the farther you fall," said Marie Dodds, spokesperson for AAA in Oregon and Idaho. "Prices in the Pacific Northwest and West Coast in general have been much higher than the national average. So now we're falling much faster, but we're still playing catch-up to a degree." In the Rogue Valley, Costco, Fred Meyer, Safeway and others have dropped regular unleaded prices to less than $3. "We're not seeing an increase in gas purchases because of lower price," Dodds said. "This tends to be a time of the year when demand is a little less than other times. Summer is over, kids are back in school, and it's not prime vacation time." The broader impact is that people will potentially have a few more dollars of disposable income. "When you look at the ripple effect, a dime we don't have to spend on gas is a dime available to spend elsewhere. That's especially true for people with fixed incomes. They might have more money to spend in other areas now." Whether that shows up in holiday gift purchases, it's too early to say, but Dodds figures there will be more money spent on Halloween candy and costumes. There is nothing to suggest prices won't keep declining for a while longer. The last time Oregon's average dropped below $3 was in October 2010, when it hit $2.96. "Barring unforeseen events — and any number of things can happen in a jiffy — pump prices should stay down for a while." Reach reporter Greg Stiles at 541-776-4463 or [email protected]. Follow him on Twitter at www.twitter.com/GregMTBusiness, on Facebook at www.facebook.com/greg.stiles.31, and read his blog at www.mailtribune.com/Economic Edge.   By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Oct. 28, 2014 @ 5:00 pm » Comment or view comments   Reader Reaction »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. 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