Brace for high gasoline prices this Memorial Day weekend

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If you’re hitting the road this weekend, you’ll likely face the highest Memorial day weekend gas prices since 2014.

Oklahoma’s average is at $2.75 a gallon compared to the nationwide average of $3.03 a gallon according to Jeanette McGee, a spokeswoman with AAA.

“AAA expects 37 million Americans to travel, mostly by car and plane, for the Memorial Day holiday weekend. That is a 60% increase over last year’s holiday and a strong indication that summer travel is going to be largely popular.”

She said no matter where you travel, prices will likely be higher.

Oklahoma prices dropped 3 cents in the past week but they’re still much higher than the $1.63 average motorists paid last Memorial Day weekend in the state.

Oklahoma City’s average is $2.72, four cents cheaper than a week ago. A year ago, the city had an average price of $1.65.

In Tulsa, drivers are paying $2.78 on average, a price that is 8 cents cheaper than a week ago. Last Memorial Day weekend, Tulsa drivers paid $1.56 on average.

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The highest prices in the state are still in the far southwest. The average is $3.19 in Hollis and $3.02 in Mangum. Drivers in Woodward in the northwest pay an average $2.96 per gallon.

The  cheapest gasoline is in Cotton County where drivers in Walters pay $2.56 a gallon.

Oklahoma’s $2.75 average compares to the $2.73 average paid by motorists in Texas an Missouri. Arkansas’ average is $2.76 while the average in Kansas is $2.83. A drive to New Mexico will see drivers paying $2.94 on average while Colorado’s average is $3.10.

 

 

The national average has stabilized following the Colonial Pipeline cyberattack, but pump prices are likely to fluctuate leading up to the holiday weekend. Over the past weekend, the national gas price average declined a penny to $3.03, the first decrease in two weeks. While barely cheaper on the week, the average is 17 cents more than last month and $1.12 more expensive than last year.

“AAA expects 37 million Americans to travel, mostly by car and plane, for the Memorial Day holiday weekend. That is a 60% increase over last year’s holiday and a strong indication that summer travel is going to be largely popular,” said Jeanette McGee, AAA spokesperson. “With the increase in travel demand, gas prices are going to be expensive no matter where you fill up, so plan ahead.  The AAA app can help to find the best price.”

While the Colonial Pipeline is back in operation and deliveries are in progress, some stations in the southeast continue to experience supply strain. This is likely to extend into the holiday weekend, but motorists will be able to fill-up.

“Holiday road trippers may come across some gas stations with low fuel supply in popular travel destinations, like beaches, mountains or national parks. However, markets are not expected to be fuel-less, like we saw in the wake of the pipeline shutdown,” added McGee.