Record high gasoline prices in Oklahoma have caused an estimated 63% of drivers to adjust their driving habits according to AAA. It reflects an increase in the number reported in November 2021. A new AAA poll indicates that Oklahoma drivers are adjusting their daily driving habits, their travel plans and their travel budgets to …
Category: Gasoline Prices in Oklahoma
Gasoline prices drop in Oklahoma and US
Gasoline prices are slowly falling, reaching a new average of $4.50 this week in Oklahoma and $4.80 a gallon nationwide, according to the American Automobile Association. The national average is four cents less than a month ago and $1.67 more than a year ago. It is also 8 cents lower than one week ago. Oklahoma’s …
Other energy headlines
** More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices touched record highs. ** Amazon.com Inc founder Jeff Bezos renewed his spat …
More energy headlines
** The average price paid by Americans for EVs jumped 22% in the year to May, data from JD Power shows. Americans are now paying $54,000 on average for EVs and $44,400 for non-EVs. ** The world’s third largest maker of semiconductor wafers, Taiwan’s GlobalWafers, announced plans to build a $5 billion factory in the U.S. on Monday—but …
Rep. Cole calls gas tax holiday Biden’s latest bad idea
President Biden’s call for a federal gas tax holiday and to have states take the same kind of action is being called another “bad” idea by Oklahoma Congressman Tom Cole. In his latest weekly newsletter to constituents, the Republican Representative said such a plan would only create more problems including an increased demand for …
Rising gas prices ease off in Oklahoma ahead of July 4 holiday
As drivers head into the July 4th holiday, they will see some relief at the pumps in Oklahoma. Soaring gasoline prices in Oklahoma have backed off in recent days leaving the statewide average at $4.56 a gallon, six cents cheaper than one week ago. Declining prices also left only one county above the $5 …
Heavy travel predicted for July 4th holiday
AAA Oklahoma is projecting that more than 510,000 Oklahomans will travel a distance of 50 miles or more over the Independence Day Holiday weekend. As usual, the large majority will be driving to their destinations. However, air travel and other modes of travel transportation (trains, cruises and buses) are up significantly compared to last year. …
Gov. Stitt says Biden’s gas tax suspension proposal won’t work
Mark Oklahoma Gov. Kevin Stitt among those who thinks President Biden’s push for a federal gasoline tax suspension is the wrong way to solve America’s energy crisis. “What good is it gonna do?” he said in an interview this week with Rural Oklahoma Network. “I don’t think that’s a real solution.” The governor says …
Rep. Cole slams what he calls Biden’s ridiculous gas tax holiday proposal
President Biden’s plan to ask Congress to suspend the federal gas tax for the next three months had barely arrived when Oklahoma Rep. Tom Cole called it nothing but a “desperate” measure from a “desperate” President. It’s what he offered in a statement issued Wednesday morning. “Calling for a ‘Gas Tax Holiday’ is nothing …
July 4th holiday travel still expected to be high despite gasoline costs
Whether it’s $5 a gallon gasoline or other inflationary costs, AAA doesn’t expect any record July Fourth Holiday travel in Oklahoma. But it will still be high. The travel group projects more than 510,000 Oklahoma will travel a distance of 50 miles or more over the Independent Day Holiday. Of that number, more than …