High gasoline prices continue to take a chunk out of wallets these day and they’ve even gotten the attention of Oklahoma U.S. Sen. James Lankford in a recent tweet.
“In just 1 year, the cost of milk is .40 cents higher. Gas prices are soaring. Bacon is up. Everyday products are skyrocketing & it’s hurting Oklahoma families Meanwhile, all Biden & Democrats are focused on is finding ways to spend trillions more of Oklahoman’s hard-earned money.In just 1 year, the cost of milk is .40 cents higher. Gas prices are soaring. Bacon is up. Everyday products are skyrocketing & it’s hurting Oklahoma families Meanwhile, all Biden & Democrats are focused on is finding ways to spend trillions more of Oklahoman’s hard-earned money.”
Despite a 13-cent increase in the price of gasoline in the U.S. since Memorial Day, Oklahoma continues to be among the lowest 10 states in the country with an average of $2.87 per gallon.
Oklahoma’s average is the same as one week ago but 12 cents higher than a month ago. The national average is up 3 cents from a week ago and the current $3.17 average is 98 cents more than a year ago but still 41 cents cheaper than this time in July 2014 reported the American Automobile Association.
One of the primary reasons for more expensive gas prices this summer is high crude oil prices. However, last week crude prices fluctuated from a high of $75/bbl down to $71/bbl. News from the Organization of the Petroleum Exporting Countries (OPEC) over the weekend, that they have reached a deal to increase production in August, could give crude oil prices the potential to drop under $70/bbl. Regardless, AAA expects higher pump prices to be the norm throughout the summer.
Oklahoma’s highest price is $3.26 per gallon in Coal County in the southeast. Hughes County’s average is $3.03. Harmon County in the southwest has an average of $3.12 while Ellis in the Northwest has an average of $3.08 a gallon.
Lawton motorists are paying an average of $2.77 a gallon, a penny more than a week ago. Motorists in Oklahoma City pay an average $2.86 at the pumps, down one cent from last week but 11 cents higher than a month ago.
Tulsa drivers pay $2.84 on average, 5 cents cheaper than last week at this time and 16 cents more than a month ago.
If you’re going to take a drive to surrounding states, the average in Texas is $2.83, in Arkansas it is $2.85 while the average price in Missouri is $2.84.
Kansas drivers pay $2.94 on average while Colorado’s average is $3.52 and the average price in New Mexico is $3.09.
- The nation’s top 10 largest weekly increases: Ohio (+11 cents), Michigan (+10 cents), Utah (+10 cents), Nevada (+8 cents), Kansas (+8 cents), Idaho (+7 cents), Illinois (+6 cents), Wisconsin (+5 cents), Wyoming (+5 cents) and North Dakota (+5 cents).
- The nation’s top 10 least expensive markets: Mississippi ($2.78), Louisiana ($2.81), Alabama ($2.83), Texas ($2.83), Missouri ($2.84), Arkansas ($2.85), Oklahoma ($2.87), Tennessee ($2.88), North Carolina ($2.90) and South Carolina ($2.91).
Source: AAA
