Price at the Pump

Oil prices remain fairly soft as we start December, and that’s thanks to international news.

Patrick DeHaan with Gasbuddy.com said talk of a potential peace deal between Ukraine and Russia, brokered by the United States encouraged oil prices to dip.

Oil prices continue the trend we’ve seen for several months, where prices don’t deviate much week to week, holding in the low- to mid- $60 range.

Oil prices continue to creep lower, pushing fuel prices down. According to AAA, gas prices in Oregon, Idaho and Washington all slipped this week.

“Oil prices now rubbing up against multi-year lows as OPEC continues to churn out supply," said Patrick DeHaan is with Gasbuddy.com.

Alls quiet on the oil front, that according to Patrick DeHaan with Gasbuddy.com. He noted geopolitical issues have simmered down substantially, meaning all eyes are on OPEC and their production increases.

Once again, oil prices not moving much from the low to mid-$60 per barrel range. It’s a trend we’ve seen for several months.

Oil prices continue to hold steady, remaining in the mid-$60 per barrel range, where prices have been for a few months.

For the past couple of months, it’s been one step forward, then one step back for oil prices.

Patrick DeHaan with Gasbuddy.com says oil prices are holding fairly steady, thanks to producer/consumer balancing act.