Oil Prices Drop, Gasoline Prices Continue to Fall in Yakima — For Now

For the fourth week in a row gas prices have dropped this time more than 10 cents a gallon. In fact prices in Yakima have decreased by an average of 10.6 cents per gallon over the past week, now averaging $5.33 per gallon, according to GasBuddy’s survey of 91 stations in the area. Prices are also 2.1 cents lower than a month ago but remain $1.33 higher than this time last year.

EVERYONE IS SEARCHING FOR THE MOST AFFORDABLE GAS

The lowest gas price in Yakima is $4.75 per gallon at the Costco in Union Gap, while the cheapest in the Yakima valley is $4.38 per gallon at Wheelers Kountry Korner in Wapato. The statewide average for gasoline is $5.62 per gallon.
Meanwhile, the national average price of diesel has fallen 13.8 cents in the past week, now at $5.29 per gallon.

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SO FAR SO GOOD

Patrick De Haan, head of petroleum analysis at GasBuddy, says oil prices are continuing to fall, with crude approaching $90 per barrel, and refiners increasing output after seasonal maintenance.

Salvador Burciaga

PRICES COULD SPIKE AGAIN

De Haan says "the combination of lower oil costs and improving refinery runs has kept downward pressure on pump prices." However, De Haan warns that uncertainty remains, citing ongoing tensions in the Strait of Hormuz and potential disruptions to global oil supplies, which could cause prices to spike again.
He says drivers are currently enjoying some relief at the pump, but experts caution that prices could reverse course if global supply issues escalate.