Fuel Market Report: June 8th – June 14th, 2025
Wholesale Price Average 6/14/25
| Wholesale Low | Wholesale Avg | |
|---|---|---|
| E10 | $2.57 | $2.63 |
| B5 | $3.08 | $3.12 |
| B20 | $3.09 | $3.19 |
| R99 | $3.10 | $3.15 |
Average Retail Prices 6/14/25
| National | Oregon | Washington | |
|---|---|---|---|
| E10 | $3.14 | $3.99 | $4.37 |
| B5 | $3.52 | $4.22 | $4.70 |
Taxes
| Federal | State: OR | Local | State: WA | |
|---|---|---|---|---|
| Gas | $0.184 | $0.40 | $0-.13 | $0.494 |
| Diesel | $0.244 | $0.40 | $0-.13 | $0.494 |
Oregon Fuel Price Variance
Fuel Market News
Fuel prices are up across the board this past week following heightened tensions in the Middle East. Crude oil jumped $4/barrel on 06/13 following Israel’s bomb strikes on Iran’s nuclear facilities. This ongoing conflict has led to significant pricing fluctuations on crude oil, while also leaving many uncertain about what is next and how Iran will respond. Rack averages in Portland jumped $0.13/gal on gasoline, $0.11/gal on B5 diesel, $0.13/gal on B20 diesel, & $0.10/gal on R99 Renewable diesel. These price jumps come as no surprise after the significant jump in crude oil prices over the last week. We are entering the busy summer traveling season, which means more cars on the road and more people traveling over weekends. Expect both gas and diesel prices to remain near their current price levels as summer fuel prices are always a bit higher than the rest of the year.
Oregonians may be in store for higher diesel prices this year with the end of Blenders Tax Credits, the introduction of the Producers Tax Credit & the Oregon Climate Protection Program going into 2025. For more on this report, visit the link below.
2025 Fuel Market Outlook: Oregon
Important Note: Per the City Of Portland, “Distributors in the City of Portland are required to meet the minimum biofuel content requirements for all fuel they distribute beginning on May 15, 2024. All diesel fuel distributed to retail stations, non-retail dealers, or wholesale purchaser-consumers must include a minimum of 15% biofuel content, from either renewable diesel or biodiesel. This requirement increases to 50% on May 15, 2026, and 99% on May 15, 2030”.
Crude oil is trading above $70, for the first time in months, at a current price of $71.32/barrel. This is $5.96/barrel higher than it was last week.
Crude oil is the main ingredient for gasoline and diesel. Per AAA, on average about 50% of what you pay at the pump is the price of crude oil, breaking down as 25% refining, 11% distribution & marketing, and 14% taxes—a helpful breakdown for consumers wondering why they are paying the prices that they pay. Crude Oil is currently trading at $71.32/barrel compared to $65.36/barrel last week and $73 a year ago.
Fuel prices result from a complex interplay of the factors mentioned above and other factors regionally. Additionally, prices may vary by specific regions within Oregon and Washington. For the most precise and up-to-date information on fuel prices and the causes for these price changes within your area, use the links below for AAA & GasBuddy.
If you have any questions, feel free to contact Star Oilco and speak to one of our fuel market advisors to discuss how the market can impact your business.
