Slight increase in gasoline prices reported in Oklahoma

Last week’s cold weather might have played a role in an increased demand in gasoline in the U.S. as Oklahoma’s average price went up a penny a gallon to $1.94 per gallon.

AAA Oklahoma reports the national average remained at $2.26 per gallon.

The highest prices in Oklahoma were in the northwest where Taloga and Dewey County had an average of $2.16. Prices averaged $2.12 a gallon in Cimarron county in the Panhandle and Harper County in the northwest.

Lawton has the cheapest gasoline in the state with an average of $1.81 a gallon, same as a week ago. The average in Oklahoma City is $1.94, an increase of 3 cents over the past week. Drivers in Tulsa are paying an average of $1.93 which is 3 cents higher than last week.

Missouri has the lowest prices in the region with a $1.90 average while the average in Arkansas is $1.93. The average in Kansas is $1.95 while Colorado drivers pay $2.02 on average and those in new Mexico pay $2.04 per gallon.

The average in Texas is $1.96 per gallon.

In its latest weekly report, the Energy Information Administration (EIA) revealed that demand for gasoline hit 9.6 million b/d last week. Last week’s rate is approximately 700,000 b/d more than the previous week’s estimate and 500,000 b/d more than the estimate during the same time last year.