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Seattle natural gas prices fell slightly last week, but oil prices climbed again Monday

One gas station in Snohomish County advertised natural gas at $4.99 per gallon, payable in cash.

WOODINVILLE, Wash. — The average price of gasoline in the Seattle area fell nearly 4 cents a gallon last week, but that trend may not continue. Oil costs rise again on Sunday and Mondayanalysts said.

Seattle commuters woke up Monday morning to find the average price of a gallon of gas at $5.89, up 8 cents from a month ago but down slightly on a weekly basis, according to Dallas-based technology company GasBuddy.

GasBuddy reports that the cheapest gas station in Seattle has gas prices of $5.09 per gallon on Sunday. When KING 5 checked GasBuddy listings Monday morning, it didn’t find a Seattle gas station that matched that price, but one station in Snohomish County advertised gas for $4.99 per gallon, with cash required. A nearby Costco station sells gasoline for $5.35 a gallon.

According to GasBuddy, historical gas prices in Seattle and the national average five years ago are:

  • June 1, 2025: $4.53/gram (US average price: $3.09/gram)
  • June 1, 2024: $4.71/gram (US average price: $3.52/gram)
  • June 1, 2023: $4.74/gram (US average price: $3.54/gram)
  • June 1, 2022: $5.38/gram (US average price: $4.71/gram)
  • June 1, 2021: $3.72/gram (US average price: $3.04/gram)

Analysts attributed the slight weekly decline to earlier declines in oil prices, which recovered on Sunday and Monday amid on-again, off-again talks with Iran over war.

“Average gasoline prices fell in all 50 states last week,” said Patrick De Haan, director of petroleum analysis at GasBuddy. “The decline was primarily driven by lower oil prices and the end of the recent price cycle, as growing optimism surrounding a potential U.S.-Iran deal helped ease concerns about global oil supplies.”

DeHaan warned that the recent decline could be short-lived.

“While motorists may continue to see some short-term relief, some price cycle states may soon experience another increase as retailers run out of room to lower prices further,” he said. “Overall, any setback in negotiations could quickly reverse the recent downward trend in fuel prices.”

Oil prices rose about 3% on Monday after the Pentagon said the United States bombed Iranian military bases in retaliation for Tehran’s downing of a U.S. drone.

Even amid the attacks, U.S.-Iran talks continued, including discussions about reopening the Strait of Hormuz, a key waterway for global oil and gas shipments.

Brent crude, the international standard, rose $2.52 to $93.64 a barrel in early trading on Monday. At the end of February before the war began, oil prices were about $70 a barrel.

U.S. benchmark crude oil rose $2.93 to $90.29 a barrel.

“Despite another round of tit-for-tat attacks, market participants still believe the Strait of Hormuz will reopen sooner or later,” wrote Jonas Goltermann, chief market economist at Capital Economics.

Associated Press’s Chan Ho-Him and Matt Ott contributed to this report.

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