NEW: Pilots are reporting mysterious lights in the skies, moving at extreme speeds in O...

NEW: Pilots are reporting mysterious lights in the skies, moving at extreme speeds in Oregon, say they are moving up & down quickly at different altitudes.

One pilot says he saw “colorful lights,” all at different altitudes, with one over 50,000 feet.

The lights are “zipping towards us and back out towards the ocean, red in color, moving at extreme speeds.”

“I don’t even know how to describe it,” the pilot said.

“The biggest thing that stood out was it was changing direction. Usually, things don’t change directions unless it’s an aircraft,” the pilot, Joe Buley, said during an interview.