Oil Prices Hold While COVID-19 Questions Remain

Despite a surge in coronavirus cases in the U.S. and internationally, oil prices have held steady over the past week.

Oil prices were down slightly in Monday’s action, trading in the high $39 per barrel range; a range we’ve seen for the week or so. While oil prices have held steady as of recent, figures are a substantial drop from the $60 per barrel we were paying this time last year.

Because of those flat oil prices, our diesel prices have held fairly steady this week, with the National average for a gallon of diesel unchanged at $2.43, Washington’s prices increased one cent to $2.71, while Oregon’s diesel price increased two cents to $2.62, and Idaho’s diesel prices dropped yet again, off one cent to $2.29 a gallon.

Here are some of the lowest local pump prices we could find across the area:

• $2.41 a gallon in Pasco
• $2.29 a gallon in Wenatchee
• $2.49 a gallon in Pullman
• $2.21 a gallon in Lewiston
• $2.21 a gallon in Moses Lake
• $2.35 a gallon in Pendleton
• $2.64 a gallon in Walla Walla
• $2.35 a gallon in Yakima

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