Gasoline prices in Oklahoma have fallen to a new low for the year as of this week, tumbling to a new level of $1.95 a gallon, according to a weekly report from AAA Oklahoma.
The new-weekly average puts Oklahoma with the second lowest price in the nation behind only South Carolina where the average this week hit $1.93 a gallon.
Oklahoma’s average hasn’t been this low since Dec. 2, 2016. It is also 15 cents lower than one year ago.
“Gasoline stocks in our region are healthy, sitting at 3.3 million barrels ahead of this time last year,” explained Chuck Mai, spokesman for AAA Oklahoma. “As stocks continue to increase, gas prices continue to fall.”
The new $1.95 average is 25 cents below the 2017 high of $2.20 record April 14.
The average in Tulsa dropped to $1.86, 17 cents cheaper than a year earlier. In Oklahoma City, this week’s average reached $1.92, a drop of 20 cents from a month ago and down 16 cents from one year ago.
The cheapest prices at the pump include $1.83 in Wagoner and $1.84 in Bartlesville, Broken Arrow and Claremore. Highest prices include $2.14 in Woodward, $2.12 in Stigler, $2.11 in Ada and $2.10 in Mustang.
The national average is $2.26, a drop of eleven cents from a month ago.