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Oregon gas prices keep setting records

01:08 PM PDT on Tuesday, May 13, 2008

Associated Press

PORTLAND, Ore. (AP) -- It's less than two weeks away until the Memorial Day weekend kicks off the summer driving season and gas prices continue to set new records in Oregon "almost every day."

AAA Oregon says the statewide average for regular unleaded jumped eight cents this week to $3.75. The national average soared 12 cents to $3.73.

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That's just two cents shy of the peak price of $3.75 predicted by AAA earlier this year when crude oil passed $100 per barrel.

And it's not coming down. A barrel of crude oil cost about $126 Tuesday, up from about $113 on May 1 -- and more than double the price it was a year ago.