Gasoline prices in Oklahoma and across the nation started showing signs of stability in the past week after weeks of daily increases at the pumps.
Oklahoma’s average of $2.67 is only one cent higher than a week ago while the national average held steady at $2.88 for the last five days. The prices at the pump in Oklahoma are still 30 cents higher than one month ago and far higher than the $1.74 average one year ago.
The cheapest gasoline in Oklahoma is found in the Panhandle where Cimarron County drivers pay an average of $2.45. The highest average is $3.03 in Greer County in the southwest.
Oklahoma City’s average of $2.60 is one cent lower than a week ago while drivers in Tulsa pay $2.69, seven cents higher than last week. Lawton’s average is $2.56, one cent more than a week ago.
Oklahoma’s average of $2.67 is the same in Kansas and Missouri. Colorado’s average is $2.90 while New Mexico’s average is $2.86.
The average in Texas is $2.63 while Arkansas is at $2.69.
“A dip in demand along with a simultaneous increase in supply and refinery utilization has contributed to slower movement in gas price increases,” said Jeanette McGee, AAA spokesperson. “On the week, 32 states had increases of only 3 cents or less. This does not mean gas prices have hit their peak, but is a positive sign for consumers.”
