Just as gasoline prices plunged 31% in the past year across the U.S., falling from more than $5 a gallon to about $3, so have diesel fuel prices paid by most truckers. The average price for a gallon of diesel fuel in Oklahoma was $3.44 as of Tuesday, two cents cheaper than a week …
Category: Gasoline Prices in Oklahoma
Summer driving is here—so what about gasoline prices?
The start of summer is nearly here, and drivers are finding prices far lower than last year. AAA Oklahoma reported that lackluster demand and low oil costs are keeping gas prices relatively stable. The national average for a gallon of gas remained stable since last week at $3.58, which is $1.43 less than a …
Remember the nightmare of record high gasoline prices one year ago?
One year ago Thursday, the Oklahoma gas price average reached $4.67 per gallon, setting an all-time record high. It’s almost like a bad dream. But gas prices in the state have dropped 31% since last year, with today’s gas price average sitting at $3.21 per gallon reported AAA. This year, recession fears due to …
Sen. Lankford calls for repeal of “Superfund” tax felt at the gas pumps
It’s called the Pay Less at the Pump Act and was introduced in Congress this week by U.S. Sens. James Lankford and John Barrasso, a Republican from Wyoming. Their plan is to lower energy prices for American families by repealing the $10.5 billion “Superfund Tax” on American energy production. “As I predicted, the so-called ‘Inflation …
Oklahoma launches study of alternative highway funding
A statewide transportation research project mandated by the Oklahoma legislature is getting underway with a pilot project and it needs some help from Oklahomans across the state. It is called Fair Miles Oklahoma, an Oklahoma Department of Transportation research program aimed at identifying alternative approaches to funding the state’s transportation needs. The pay-per-mile pilot …
Gasoline prices steady for now in Oklahoma—but it could change come July
Gasoline prices are holding steady in Oklahoma while the experts are warning we can expect higher prices in the weeks to come because of the production cut decision by OPEC+ nations. The production cut by another million barrels of oil a day won’t take effect until July 1, so drivers might not see any …
Higher gas prices could be ahead after latest Saudi oil production cut
American drivers could be staring another jump in gasoline prices in the face and it is coming just as the summer driving season is here. Saudi Arabia announced another cut in oil production, meaning it will be sending less oil to the global economy. In turn, the move is seen as an effort to …
Gasoline prices decline in Oklahoma and the U.S.
Despite the surge in travel over the long Memorial Day weekend, the national average for a gallon of decreased by one cent since last week to $3.56 per gallon. In Oklahoma, the gas average is $3.22 today, down two cents in the last week and $1.04 lower an one year ago. According to new …
AAA predicts 7% increase in Memorial Day holiday travel
AAA projects 42.3 million Americans will travel 50 miles or more from home this Memorial Day weekend*, a 7% increase over 2022. This year, 2.7 million more people will travel for the unofficial start of summer compared to last year, a sign of what’s to come in the months ahead. “This is expected to …
Gasoline prices at the pump fall in recent days
The national average for a gallon of gas drifted lower by just four cents since last week to $3.54 down just two cents in the last week. The lackluster movement can be attributed to higher demand for gasoline but a lower cost for oil canceling each other out. In Oklahoma, the gas average is …