Demand for gasoline in the U.S. continues to shrink as COVID-19 cases climb. The softer demand should put downward pressure on pump prices, but they haven’t declined in most states yet because crude oil prices have risen. For the week, the national average for regular adds a penny to $2.17 a gallon. The Oregon average ticks down half a cent to $2.58.
Find details and graphics in the news release. Also, AAA released the holiday travel forecast today—75% of Americans will stay home for the holidays because of the coronavirus pandemic.