Price At The Pump COVID 19 May Move Fuel Prices Lower

The last seven days have been very volatile when looking at oil prices. West Texas Crude traded just below $40 per barrel in Monday’s action, that followed a pair of down days late last week. Patrick DeHaan with GasBuddy said oil prices and fuel prices had been on steady climb higher over the past month, thanks to increased demand, and some improvements in the U.S. and global economy.

However, that momentum has been rattled a bit as the number of coronavirus cases in the U.S. increases.

“What we’ve seen here over the four to five days with a concern over a rise in COVID-19 cases hasn’t really played out yet in oil and gasoline prices, now it may in the weeks ahead, so we’ll have to see how that story writes itself.”

When taking look at the national and regional diesel prices, not a lot of movement this week. The national average is unchanged at $2.43 gallon, Washington’s price increased one cent to 2.70 a gallon, Oregon’s price for a gallon of diesel was unchanged at $2.59, while Idaho’s diesel price fell again, down one cent to 2.30 a gallon.

Here are some of the lowest prices we could find across the Inland Northwest:

  • $2.37 a gallon in the Tri-Cites
  • $2.29 a gallon in Wenatchee
  • $2.95 a gallon in Pullman
  • $2.21 a gallon in Lewiston
  • $2.17 a gallon in Moses Lake
  • $2.19 a gallon in Pendleton
  • $2.59 a gallon in Walla Walla
  • $2.35 a gallon in Yakima

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