Oklahoma Gasoline Prices Fall in Past Week

 

Gasoline prices slipped slightly in the past week reaching a new average of $2.32 a gallon, a drop of about 2 cents per gallon according to AAA Oklahoma.

But the cheapest gasoline in the state is in Lawton where the average is $2.186 a gallon, down 2 cents over the past several days. Okmulgee County’s average is $2.24.

The most expensive gasoline is in the northwest. Woods county has an average of $2.559 a gallon and is one of 16 counties with averages ranging from $2.479 in Beaver to the higher average in Woods County.

The average in Oklahoma City is $2.299, same as a week ago. In Tulsa, the average is $2.295,a drop of nearly 6 cents from last week.

Compared to other states, Oklahoma is in the top ten for the least expensive gasoline. It is ranked 10th while Alabama is number one with an average of $2.26 a gallon. Arkansas and Missouri are tied with an average of $2.28 a gallon.

At $2.53, the national gas price average has held steady for nine days. Factors contributing to the flat price include increased gasoline production that has kept pace with higher than usual demand this winter. The latest Energy Information Administration (EIA) report shows that demand increased week-over-week, registering at 9.2 b/d – the highest gasoline demand level seen this year.

“On the week, the majority of motorists are paying less at the pump with 67 percent However, the West Coast, Great Lakes and Central states are mostly seeing a gas price increase.”

Today’s national average is a nickel less than last month, but 13 cents more than one year ago.