Did You Know That R99 Is The Same Cost As Diesel Currently?
Call to set up R99 Mobile Fueling Onsite Service in Portland at the same cost of retail diesel. Dyed untaxed R99 is also available. Give us a call today to schedule your delivery.
Wholesale Price Average 3/14/26
| Wholesale Low | Wholesale Avg | |
|---|---|---|
| E10 | $3.12 | $3.25 |
| B5 | $4.09 | $4.22 |
| B20 | $4.02 | $4.14 |
| R99 | $3.78 | $3.87 |
Average Retail Prices 3/14/26
| National | Oregon | Washington | |
|---|---|---|---|
| E10 | $3.71 | $4.49 | $4.92 |
| B5 | $4.99 | $5.40 | $6.01 |
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 |
Portland Retail Fuel Price Variance
Fuel Market News
Fuel prices are up for the sixth consecutive week, with fuel prices up 22% in the last two weeks. Last week, crude oil reached $112.48/barrel, sending prices higher across the nation. The stalling of tanker ships traveling through the Strait of Hormuz, as a result of the conflicts in Iran, has played a major role in crude oil prices spiking. Drivers in all 50 states saw fuel prices spike by over $0.25/gal. The national average price for gasoline is up $0.48/gal, while diesel is up $0.96/gal. It is estimated that for every $1 increase in the price of crude oil, gasoline prices will increase by 0.2 to 0.5 on average. It is likely that prices will continue to climb over the next 4 weeks as the Iran & U.S situation continues to develop.
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 $90/barrel, at a current price of $94.18/barrel. This is $6.71/barrel higher than the week prior.
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 $94.18/barrel compared to $87.47/barrel last week and $66 a year ago.
It’s essential to recognize that fuel prices result from a complex interplay of the factors mentioned above and other regional factors. 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.