Gasoline prices drop again leaving $2.55 average in Oklahoma

Gasoline prices across the U.S. and in Oklahoma dropped again in the past week, reaching a new statewide average of $2.55 a gallon and a national average of $2.82.

AAA Oklahoma and Gasbuddy each report drops in state prices with Gasbuddy indicating the Oklahoma City average this week dropped a dime to reach $2.38 per gallon of regular gasoline.

Gasbuddy’s average is based on a daily survey of 669 stations in Oklahoma City. The firm also indicated Tulsa’s average is down nearly a dime a gallon to hit $2.41 a gallon. It says the average in Wichita, Kansas is $2.50, down 8 cents in the past week.

While Gasbuddy reported the Oklahoma average is $2.54 this week, AAA Oklahoma said the average was $2.55.

Oklahoma’s average compares to $2.52 in Missouri, $2.62 in Kansas, $2.56 in Arkansas, $2.55 in Texas, $2.76 in New Mexico and $2.89 in Colorado.

The highest average in Oklahoma is $3 a gallon in Harmon County where Hollis drivers are paying far more than most other cities in the state. But drivers in Shattuck in the northwest face an average of $2.92 a gallon and those motorists in Dewey county pay $2.91 on average.

“From coast to coast, gas prices in nearly every state saw downward movement in the last week as sliding oil prices continued to keep the door open to falling gas prices. In fact, in the next 24 hours we’ll likely see the national average fall to its lowest point in over six months,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Saudi Arabia has indicated it is prepared to raise oil production, addressing what had been a major concern ahead of Iran sanctions taking effect. Oil prices have fallen over 10 percent in recent weeks, providing the bulk of the gas price relief we’re seeing, and will continue to see for the next week or two at least. “