Oklahoma’s Gasoline Prices Drop to $2.04 average

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Oklahoma gasoline prices dropped again in the past week, falling two more cents a gallon to reach a new state average of $2.04 a gallon, according to AAA Oklahoma. The organization reports that is nine cents below the average recorded at the end of August.

“It’s interesting to note that gas prices in all Oklahoma markets are not falling at the same rate,” said Chuck Mai, spokesman for AAA Oklahoma. “For example, Tulsa’s average has plummeted 21 cents since August 31 but Oklahoma City’s has dropped just seven cents during that time. In fact, Oklahoma City reports a price average today that’s identical to that of the state and both figures are nine cents above Tulsa’s average. Oklahoma City’s has actually risen four cents over the last four days. We’re still waiting for competition to kick in and bring OKC’s average down. Other markets across the state are experiencing similar situations.”

Muskogee has the cheapest gas where the average is $1.91, a drop of 8 cents over the past week. Seven other cities in the state have averages less than $2 a gallon. Lawton is at $1.93 while the average in Bartlesville is $1.94. Tulsa’s average is $1.95 while the average is $1.98 in Shawnee and Enid, a $1.96 in Idabel and $1.99. in Grove. The average in Oklahoma City is $2.04.

Gas prices have fallen for eleven of the past 12 days, reaching today’s national average of $2.18 per gallon. Drivers are saving two cents per gallon compared to one week ago, but are paying five cents per gallon more on the month. Overall gas prices remain lower than last year due to the relatively low price of crude oil with drivers saving an average of 18 cents per gallon compared to a year ago.  

The national average price for unleaded gasoline is expected to keep moving lower as we head into fall barring any unexpected disruptions in supply or spikes in the price of crude oil. Pump prices typically decline during this time of year due to lower driving demand after the busy summer driving season has concluded and the changeover from summer-blend to a cheaper-to-produce winter-blend gasoline, which takes place in many parts of the country starting on September 15.  

Prices are starting to move lower following the close to the summer driving season, with six states in these regions making the top 10 list for biggest weekly discounts: Indiana (-11 cents), Michigan (-10 cents), Ohio (-9 cents), Kentucky (-7 cents), Nebraska (-6 cents) and Minnesota (-4 cents). The decrease is a relief for drivers in the regions who have dealt with significant volatility throughout the summer.