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CU testimony on Clean Fuels Program Phase 2 before the Oregon Environmental Quality Commission

Today, gas prices are falling. In October, the average price dropped nearly 50 cents per gallon in Oregon. Last week alone, Oregon drivers saw a drop of 15 cents per gallon. But the recent drop is in stark comparison to the 70 cent increase to nearly $4/gallon that Oregon experienced between February and July of this year. In the face of wild price swings, what is the best long-term strategy to hedge our transportation bets and lessen pain at the pump?  In two words: competition and diversification

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