Gasoline prices slide as oil prices drop


Those tumbling oil prices mean one thing for consumers—cheaper gasoline prices. How cheap in Oklahoma?  Cotton County in the southwest reports an average of $1.81 for a gallon of regular gasoline.

Washington County in the northeast where Bartlesville is the county seat reports an average of $1.90 a gallon, according to AAA Oklahoma.

Tulsa County has an average of $1.91. Oklahoma county has an average of $1.98 while Oklahoma City’s average is $2..04.

The highest prices are still in the west. Harmon and Ellis counties have averages of $.2.46 a gallon. Woods County, home to Alva has an average of $2.44 a gallon. The average in Beaver county is $2.40.

Oklahoma’s statewide average is $2.07, a dime cheaper than a week ago and 23 cents lower than one year ago.

Nationally the average is $2.37 or five cents lower than last week. Drivers in Texas pay an average of $2.05 while those in Missouri face an average of $2.09.

Arkansas’ average is $2.12 while motorists in New Mexico pay an average of $2.27 a gallon. Drivers in Colorado pay $2.28 a gallon. Those in Kansas deal with an average of $2.13 a gallon.

“For the third week, U.S. gasoline stocks decreased while demand increased. Generally, growing demand amid declining stocks causes increases at the pump, but crude oil prices have dipped to four-year lows, signaling spring could be cheaper at the pump,” said Jeanette Casselano, AAA spokesperson.

The trend of pump prices facing downward pressure is likely to continue through the end of the winter driving season if crude remains cheap, especially amid concerns about the coronavirus.

Source: AAA