Gasoline prices retreat but remain higher than in March

 

Recent slumps in the price of crude oil caused by growing concerns over a world recession combined with COVID-19 lockdowns in Shanghai might be responsible for a slight dip in gasoline prices in the past few days.

Otherwise, Oklahoma and U.S. gasoline prices continued to hold fairly steady, according to AAA. Nationally, prices dropped 4 cents to an average of $3.64 a gallon in the past week while in Oklahoma, the average declined two cents to $3.34 per gallon.

Both averages are still higher than a month ago when the national price was $3.43 and Oklahoma’s average was only $3.02.

Lawton continues with the lowest average at $3.12 per gallon as of this week, down 8 cents in the past week but still 30 cents higher than a month ago.

Oklahoma City’s average, reported AAA, was $3.37 per gallon, down only one cent but 31 cents more compared to a month ago. Drivers in Tulsa are paying an average $3.29 per gallon, a penny cheaper than last week but 39 cents more than a month earlier.

Drivers in Shattuck in northwest Oklahoma have the highest average. AAA showed Ellis County with a new average of $3.66 per gallon. Averages of $3.57 per gallon were recorded in Hughes County in the Southeast and Kingfisher County in north central Oklahoma.

The cheapest County average is Comanche where Lawton drivers pay an average $3.11 per gallon. Grant county, home to Medford, recorded an average $3.19 per gallon.

Average gasoline prices in Oklahoma’s border states include Kansas at $3.39; Texas $3.25; Colorado $3.53; New Mexico $3.62; Arkansas $3.22 and Missouri at $3.35.