Supporters of President Donald Trump are no doubt celebrating after he promised to lower the cost of gasoline in the U.S. That’s because gas prices have dropped below $3 a gallon for the first time since 2021, according to the two major gasoline-watching groups, GasBuddy and AAA. GasBuddy recorded the new average is …
Nearly a year after a 97,000 gasoline pipeline spill polluted areas of southwestern Colorado, the U.S. EPA joined the cleanup effort and took control of operations. The December 2024 spill happened on the Southern Ute Reservation near Durango and became the largest such spill on record in Colorado. It even threatened …
As drivers prepare to hit the road for Thanksgiving in record numbers, gas prices are relatively steady compared to last week. The national average is $3.06, down a penny from a week ago and the same price as a month ago, reported AAA. Oklahoma’s average rose one cent to $2.50 per gallon, which is still …
National Average Gasoline Price Trends For the first time in years, U.S. gasoline prices dropped below $3 per gallon, marking a significant milestone for consumers and analysts tracking global energy markets. The brief dip reflected OPEC+ decisions to return more oil to the market and a period of weaker global demand, both of which contributed …
Gas Prices Hit New Lows Across Oklahoma Oklahoma now has the cheapest gasoline in the United States. AAA reported the statewide average dropped to $2.55 per gallon, the lowest in the nation. Some drivers are finding even cheaper prices — Midwest City stations posted prices as low as $2.09, according to GasBuddy. This week’s average …
EV Drivers Feel the Pinch as Electricity Prices Hold Steady Gasoline prices across Oklahoma and the nation have dropped in recent weeks — but the same relief hasn’t reached electric vehicle owners. According to the American Automobile Association (AAA), the average cost to charge an EV at a public station remains 36 cents per kilowatt …
National Crude Inventories Climb A buildup in U.S. crude oil inventories is raising eyebrows among investors and market analysts. According to the latest “This Week in Petroleum” report from the U.S. Energy Information Administration (EIA), the nation’s oil stocks increased by nearly 3.8 million barrels in the past week. The EIA reported that U.S. crude …
The arrival of fall in Oklahoma not only produced a changing of the colors of trees but lower gasoline prices too. AAA Oklahoma reports the statewide average fell 5 cents in the past week from $2.68 a gallon to $2.63 per gallon for regular. A month ago, the state’s average was $2.78, meaning …
With a statewide average of $2.81 per gallon of gasoline, Oklahoma is still among the top ten states with the lowest prices in the country. However, prices have also been on the increase in the past month. AAA reports the top ten lease expensive markets are: Mississippi ($2.71), Louisiana ($2.79), Arkansas ($2.79), Texas ($2.79), Tennessee …
The U.S. Energy Information Administration (EIA) expects U.S. drivers will spend less than 2% of their personal disposable incomes on gasoline in 2025—the lowest share since 2005, excluding 2020. In its September Short-Term Energy Outlook (STEO), EIA forecasts significant decreases in oil and gasoline prices this year, consistent with its previous forecasts. “The good news for …
