Oklahoma continues to have some of the cheapest gasoline in the U.S., up a penny since May 30, 2016, as the statewide average stands at $2.12 per gallon, according to the latest report from AAA Oklahoma.
“Oil markets remain lukewarm after last Thursday’s meeting with OPEC and non-OPEC producers regarding an extension of production cuts failed to generate more pronounced actions from the cartel,” said Chuck Mai, spokesman for AAA Oklahoma. “Although the group agreed to extend the cuts through March 2018, market watchers were not surprised by the move and hoped that OPEC would take more drastic measures, like deepening the cuts beyond 1.8 million barrels per day.”
The U.S. average is $2.37 per gallon, down 2 cents from one month ago and up 5 cents from May 30, 2016.
The nation’s top five most expensive markets are: California ($3.10), Hawaii ($3.07), Alaska ($2.90), Washington ($2.87) and Nevada ($2.74).
Other than Oklahoma, drivers in five states continue to enjoy some of the lowest prices in the nation. They include: South Carolina ($2.04), Alabama ($2.09), Mississippi ($2.09), Tennessee ($2.11) and Arkansas (2.12).
Tulsans are paying $2.06 a gallon, down 5 cents from May 30, 2016, while Oklahoma City drivers are averaging $2.09 a gallon, up a penny from one month ago and down 3 cents from May 30, 2016.
Wagoner has the lowest average in the state at $1.98 a gallon. Okmulgee and Owasso are tied with the second-lowest average at $2.00 a gallon. Sapulpa’s average is $2.01 a gallon, also landing on the list of lowest average gasoline prices in the state.
The highest average belongs to Purcell where gasoline is pumped at $2.29 a gallon. Mustang and Ada are averaging the second highest at $2.24 a gallon followed by Woodward at $2.21 a gallon.