More crude oil production but less gasoline consumption. The coming year is likely to see increased crude oil production in the U.S. because of production cuts made by Saudi Arabia and Russia. So predicts the U.S. Energy Information Administration which forecast 2024 will also result in the lowest gasoline consumption in this country in …
Category: Gasoline Prices in Oklahoma
Convenience store chain SQRL adds 8 Oklahoma gas stations
SQRL, a gas station and convenience store company based in Arkansas announced the acquisition of 210 new stores nationwide, including 8 in Oklahoma, making the company a top 25 gas station and convenience store chain in the country. The Little Rock company said the strategic move further reinforces SQRL’s commitment to fuel America, one …
Gasoline prices fall amidst fighting in Israel and Gaza
The war declared by Israel against Hamas sent crude oil prices up on Monday, but what about the impact on gasoline prices? Some experts believe it will be minimal because Israel is not a major supplier of crude oil. So prices at the pump could continue to fall as they slid 14 cents a …
Oklahoma gasoline prices lower in past week but higher than a year ago
AAA reported over the weekend that while gasoline prices fell in the past week in Oklahoma, they remained more than a year ago. Increasing crude oil prices are credited for a slow fall in prices at the pump as the national average, down two cents over the past week, was $3.83. But it was …
Gasoline prices hit $4.26 per gallon in Southeast Oklahoma
While gasoline prices took a slight drop in the past week, motorists in some Oklahoma counties have seen just the opposite. Coal County in the southeast has the highest average price at $4.26 a gallon of regular gasoline, reported AAA. Crude oil prices in the U.S. are holding at more than $90 a barrel …
Post-Labor day gasoline prices are up in Oklahoma
Gasoline prices in Oklahoma are up at least 7 cents a gallon while Oklahoma City prices rose by 9 cents in the past week, accoding to a weekend update by AAA. The national average for a gallon of gas dipped a bit following the long Labor Day weekend, falling a penny since last week …
Brace for higher gasoline prices after Saudi Arabia and Russia oil agreement
The timing might have been fortunate. With Labor Day under our belts, now it appears an agreement by Saudi Arabia and Russia might result in higher gasoline prices. The two countries agreed Tuesday to extend their voluntary oil production cuts through the rest of the year. The agreement will result in a trimming of …
Slow increase in gas prices for Labor Day weekend
Just the kind of news you didn’t want to read—-that gasoline prices are moving up as we approach the Labor Day weekend. The national average is $3.81 per gallon while in Oklahoma, we remain at $3.51 a gallon. Oklahoma City’s average is $3.47 while Tulsa is at $3.46 and Lawton at $3.37 per gallon. …
Energy briefs
** The Environmental Protection Agency (EPA) announced a rule Tuesday that could strip protections from the majority of U.S. wetlands, saying the Supreme Court forced its hand. EPA Administrator Michael Regan called the amended Waters of the United States (WOTUS) rule necessary to comply with the court’s May Sackett vs. Environmental Protection Agency decision. ** …
Gas prices unlikely to deter the late summer Great American Road Trip
Labor Day weekend travel is expected to be busier this year than in 2022 and AAA says increased gasoline prices probably won’t affect the end of summer travel. As usual, most Labor Day travelers will drive to their holiday destinations, closing out the summer with one more Great American Road Trip. Gas prices, which …