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During much of the late summer and early fall, economists were worried what would happen to oil prices, and oil supply after the United States returned sanctions on Iran, starting early this month.  Now that those sanctions have been in place, we can see what impacted they had on what we are paying.  ...

The international community continues to hold its breath a week head of sanctions against Iran.  Dan McTeague with GasBuddy.com said it’s still too early to tell what this means for oil supply on the international scene.  He said OPEC member could increase production in hopes of countering the loss of Iranian oil which could lead to a glut on the open market.  Or, “We very ...

While oil prices dropped slightly to start the week, they remain near four year highs.  And that increased prices is pushing fuel prices higher, both diesel and gasoline.  Patrick DeHaan with GasBuddy.com said it’s not Hurricane Michael that’s pushing oil prices higher, it’s not cold temperatures in the eastern half of the U.S. pushing crude up, but ra...

Fuel prices typically start to fall as we transition into the cooler months of the year.  But as all year long, 2018 is anything but typical.  Oil prices are moving higher on the international stage, not because of anything currently happening, but what is yet to take place.  Dan McT...

This is the time of year when fuel prices typically head in different directions.  Those that use gasoline can expect relief at the pump, as driving demand lessens.  Meanwhile for diesel users, prices are likely to stay flat or increase because of the demand of heating fuel.  Oil use...

As we prepare for the unofficial end to summer this week, we take a look back on the fuel prices of the season.  Dan McTeague with GasBuddy.com, said oil prices were like a seesaw this summer, with prices topping out around $75 a barrel around Memorial Day, only to drop within a few weeks to the $65.  He...

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 ...

Fuel prices across the Northwest and across the nation continue their slow march higher.  The national average for a gallon of diesel held steady at $2.93, Washington’s average moved up one cent to $3.18, while Oregon’s rate held steady at $3.07 a gallon.  ...

The start of 2018 has been atypical when it comes to fuel prices.  Typically during the winter months, gas prices decrease while diesel prices move higher.  However, this year, both diesel and gas prices have moved higher, thanks to crude oil prices increasing much of this year.   ...

Oil prices have taken a bit of a hit over the past couple of days, as investors have sold stocks in New York.  With that dip, oil prices have eased slightly to around $64  a barrel, down roughly $1 in the past couple days.  Despite that gas prices have moved higher.  However dies...