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Obvious choices of natural green and blue, with the blue signifying the ocean more so than the sky. The stand of evergreens is intended to also evoke a sense of a skyline in the Western portion of the state, recognizing growth and sophistication integrating with natural beauty.
The outline of Mt. Hood represents my dominant first thought of Oregon. I first call up natural beauty, with mountains and dense stands of trees; that is followed by images of meandering streams, which might also be hinted at in the silhouette line drawing. Then I think of Nike and Tiger Woods and how they systematically created a major presence in the golf industry, but that doesn't really matter.
Also, by way of flag design principles, it looks pretty good in reverse, too.
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So there it is. Now if only Michael will forgive me and d for doubting that the Estonian consul replied to his notification that Estonia won M5K's award for Best Flag.