OPEC Speculation Continues To Impact Oil Prices

After peaking around the Memorial Day holiday weekend, oil prices continue to slowly creep down.  According to Gasbuddy.com, a large portion of the drop is due to speculation about OPEC’s next move.  Many discussions have OPEC increasing output, which would drop prices even further form the current mid-60s range.  GasBuddy.com officials expect oil prices, thus fuel prices to decline during much of June.

As far as the lowest diesel prices are concerned:

• $3.43 a gallon in the Tri Cities
• $3.59 a gallon in Walla Walla
• $3.49 a gallon in Quincy
• $3.49 a gallon in Wenatchee
• $3.35 a gallon in Pendleton
• $3.41 a gallon in Yakima
• $3.49 a gallon in Ephrata
• $3.45 a gallon in Moses Lake

If you have a story idea for the Washington Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekradio.com