Gasoline prices are falling after Memorial Day travel


Gasoline prices have fallen across Oklahoma and the rest of the nation following the Memorial Day Holiday weekend.

While the nationwide average is $3.51 per gallon, according to AAA, Oklahoma’s average is $3.03. The statewide average dropped 4 cents in the past week and is 17 cents lower than a month earlier. The national average for a gallon of gasoline has fallen by a nickel since last week to $3.56, the largest one-week drop thus far for 2024. The primary reasons are tepid demand and a lower oil price.

Lawton has the lowest city average, based on AAA figures. Motorists are enjoying an aaverage price of $2.88 per gallon which is a dime cheaper from a week ago and 19 cents lower from a month earlier.

Tulsa’s average is also below $3 a gallon. Motorists pay an average $2.95, which is actually one cent more than a week ago but also 32 cents less than a month earlier.

Motorists in Oklahoma City pay an average $3.03 per gallon, 11 cents below the average last week and 19 cents cheaper from a month earlier.

Coalgate motorists in Coal County in the southeast pay the highest average in the state at $3.67 a gallon. Drivers in Shattuck in Ellis County in the northwest pay $3.41 per gallon. Greer County isn’t far behind with an average of $3.39 per gallon.

The lowest county average is Comanche where the average is $2.88 per gallon followed by Adair in eastern Oklahoma where Stilwell motorists are greeted with an average price of $2.89.

“Gas prices will likely keep up this slow sag now that we are past the Memorial Day travel weekend and more locations, east of the Rockies, will be selling gas below $3 a gallon,” said Andrew Gross, AAA spokesperson.

“But it’s time to start weather watching as the Atlantic Hurricane Season begins June 1st, and forecasters predict it will be very active. A storm impacting the Gulf Coast oil production and refining centers could push prices temporarily higher, so stay tuned.”