Gas prices drop to $2.22 a gallon in Oregon

Associated Press
 
November 18, 2008
 
PORTLAND, Ore. -- Gasoline prices keep heading down in Oregon.
 
The average price statewide for a gallon of regular dropped 16 cents this week to $2.22, the lowest level since March 2006.
 
Nationally, the average fell 15 cents to $2.07 a gallon, the lowest since March 2005.
 
AAA Oregon says both averages are about a dollar lower than a year ago, and about 50 percent lower than the record highs of more than $4 a gallon set in July.
 
Gas prices are expected to stabilize and possibly even rise just before Thanksgiving, but a national average of $2 per gallon is still expected over the next few weeks.
 
The AAA projects a slight drop in the number of Thanksgiving travelers as the economic downturn keeps pointing toward a recession.

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