Gasoline prices rose by another 12 cents in the past week in Oklahoma, reaching a new average of $3.55 a gallon according to the American Automobile Association. And some experts believe prices will continue to climb because of last week’s action by OPEC+ to reduce oil production by 2 million barrels a day. While …
Category: Gasoline Prices in Oklahoma
Other headlines of energy stories
** OPEC+ announced it’ll slash output by 2 million barrels per day (bpd) on Wednesday (Oct. 5), the biggest cut since the pandemic started in 2020. The White House’s reaction was swift, calling the decision “shortsighted” and accusing the oil cartel of “aligning with Russia.” ** President Biden on Wednesday said he would release 10 million more barrels …
Headlines of more energy stories
** White House officials have asked the US Energy Department to analyze the possible impacts of a ban on exports of gasoline, diesel and other refined petroleum products, an indication that the controversial idea is gaining traction in some parts of the Biden administration. ** Monica Medina, the wife of White House chief of staff Ron Klain, …
Surging gasoline prices in some states but not in Oklahoma
Gasoline prices rose on average 7 cents a gallon in the past week across the nation, reaching a new average price of $3.80 according to the American Automobile Association. In Oklahoma, the average price dropped 3 cents to $3.45 per gallon, still 8 cents more than one month earlier. Prices in Oklahoma City fell …
Other energy headlines
** The White House has ruled out any ban or curbs on natural-gas exports this winter, in a bid to help alleviate energy shortages in Europe, according to two people directly involved in the discussions. ** California is getting another reminder of the volatility of its energy supply as shutdowns at several oil refineries have sent …
Biden mistakenly warns big oil about gasoline price gouging in Florida
He wouldn’t phone Florida Gov. Ron DeSantis ahead of the arrival of Hurricane Ian to inquire about storm preparations, but President Biden on Wednesday made sure to get his digs into the side of the oil and gas industry. “A warning to oil and gas industry executives: Do not — let me, repeat, do …
Gasoline prices go up again in Oklahoma
Gasoline prices rose in Oklahoma and across the U.S. over the past week with the national average pump price hitting $3.72 while Oklahoma’s average was up to $3.47 per gallon. What’s behind the increase? Refinery issues ranging from planned maintenance to a fire, reported AAA in its latest fuel cost report. “Slack demand and …
Oklahoma’s gasoline tax is below national average
Ever wonder how Oklahoma’s gasoline tax stacks up against other states? The U.S. Energy Information Administration released its newest update of Federal and state motor fuels taxes table showing state gasoline taxes ranged from as low as 8.95 cents per gallon (/gal) in Alaska to as high as 65.1 cents/gal in California on July 1, …
Gasoline prices rebound after 99 day stretch of declines
Not just nationally, but also in Oklahoma, has the decline in gasoline prices come to an end. It ended across the U.S. after a 99-day stretch of price declines and in Oklahoma, prices rose 12 cents in the past week to reach a new statewide average of $3.44 per regular gasoline according to AAA. …
Gas prices keeping falling in Oklahoma with one county less than $3 a gallon
Comanche County in southwest Oklahoma reached an average less than $3 a gallon over the weekend—the lowest price in the state as gasoline prices continue falling nationwide. The American Automobile Association reported Oklahoma’s average is $3.29 while the average in the county where Fort Sill and Lawton are located has an average of $2.99 …