Gasoline prices rebound across Oklahoma

Gasoline prices jumped 8 cents in the past week in Oklahoma reaching a new statewide average of $2.43 per gallon. The higher average is still below the national average of $2.72 which is six cents higher than last week at this time.

AAA Oklahoma reports the average one week ago was $2.35 a gallon. Across the state, Dewey County in the northwest had the highest average at $2.72.

Prices in Lawton averaged $2.32 a  gallon or six cents more than a week ago. Tulsa’s average shot up from $2.24 last week to $2.40 this week.

GasBuddy’s survey of 669 stations in Oklahoma City found a city average of $2.33 a gallon or 8.2 cents more than a week ago.  It also reported gas prices in the city are more than a dime lower than a month ago yet are 18 cents cheaper than a year ago.The pricing company also found the lowest price in the state was $2.17 a gallon while the highest was $2.97 a gallon.

According to GasBuddy price reports, the cheapest station in Oklahoma City is priced at $2.01/g today while the most expensive is $2.89/g, a difference of 88.0 cents per gallon. The lowest price in the state today is $2.17/g while the highest is $2.97/g, a difference of 80.0 cents per gallon. The cheapest price in the entire country today stands at $1.97/g while the most expensive is $4.99/g, a difference of $3.02/g.

“For the first time in nearly two months, the nation’s average price of gasoline has seen a weekly increase. Of course, most motorists suspected prices would rise ahead of July 4, but it’s not the holiday that should be pointed at. Motorists can blame escalating tensions between the U.S. and Iran for higher oil prices, declining inventories and even a potential U.S./China trade deal,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.

Oklahoma’s average of $2.43 compares to $2.42 in both Missouri and Texas, $2.72 in Colorado, $2.47 in Kansas, $260 in New Mexico and $2.36 in Arkansas.