Gasoline Prices Rebound Slightly in Oklahoma

The days of the $1.09 a gallon gasoline might be gone for some time as the prices have rebounded, reaching a new Oklahoma average of $1,.46 a gallon, four cents higher than two weeks ago according to the latest Fuel Gauge Report from AAA Oklahoma. The national average is $1.71 a gallon, the lowest for this date since 2004.

“Motorists traveling across Oklahoma today will want to plan to fill up in Tulsa,” said Chuck Mai, spokesman for AAA Oklahoma. “The Tulsa citywide average today is six cents below that of Oklahoma City.”

Tulsa is down to a $1.40 average, 7 cents higher than a week ago. But the average in Oklahoma City is $1.46 a gallon, four cents more than last week at this time. The cheapest gasoline in the state is in Muskogee where the average is $1.38, six cents higher than last week. The highest prices are in Ponca City where the average is $1.54 a gallon. Some of the other averages include $1.45 in Altus; $1.42 in Bartlesville; $1.45 in McAlester; $1.52 in Stillwater; and $1.47 in Guymon.

By all indications, prices will continue to climb higher.

“Gas prices are likely to move higher as we head into the spring refinery maintenance season,” said Mai. “However, prices should remain lower than in recent years. Refineries conducting maintenance will produce lessfuel, though ample gasoline supply and lower-than-expected prices for crude oil should limit any seasonable price spikes.”

Consumers in 45 states are still paying prices below $2 a gallon. Missouri and Oklahoma are tied for the cheapest gasoline prices in the nation. Prices in 36 states are under $1.75 a gallon. Hawaii is still highest with an average of $2.57 a gallon.

Gasoline price trends are different in the U.S. with prices dropping in 30 states with the largest savings west of the Rockies. But averages ar eup more than a nickel a gallon in eleven states and motorists in six states saw prices increase by double digits. Minnesota had the largest price jump with 18 cents a gallon while Michigan saw a 15 cent climb.