Category: Gasoline Prices in Oklahoma

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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Energy briefs

**  A new technical paper from the Society of Automotive Engineers (SAE) co-authored by Car and Driver asserts that “most BEVs tested to date fall short of both their electric consumption and range label values.” ** The Biden administration could delay deciding whether to give electric vehicle (EV) manufacturers tradable credits for using electricity generated from renewable fuels, potentially …

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Emergency EPA ruling allows E15 sales during summer driving

  Drivers in Oklahoma and other states will be allowed this summer to buy gasoline with 15% ethanol as a result of an emergency move made Friday by the Biden administration. It means the lower-cost fuel will be available for the summer driving season as the EPA said the emergency waiver allows summer sales of …

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AAA forecasts big summer travel season and with it—higher gasoline prices

  AAA says the coming months promise to be a very busy summer for travel, even though we’re a month away from the Memorial Day holiday and the unofficial kickoff to the summer driving season. The automobile agency reported this week that international travel bookings this year are already up 200% compared to 2022 and …

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Gasoline prices retreat but remain higher than in March

  Recent slumps in the price of crude oil caused by growing concerns over a world recession combined with COVID-19 lockdowns in Shanghai might be responsible for a slight dip in gasoline prices in the past few days. Otherwise, Oklahoma and U.S. gasoline prices continued to hold fairly steady, according to AAA. Nationally, prices dropped …

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