Category: Gasoline Prices in Oklahoma

Gasoline prices are falling after Memorial Day travel

  Gasoline prices have fallen across Oklahoma and the rest of the nation following the Memorial Day Holiday weekend. While the nationwide average is $3.51 per gallon, according to AAA, Oklahoma’s average is $3.03. The statewide average dropped 4 cents in the past week and is 17 cents lower than a month earlier. The national …

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Weak US gasoline demand results in tumbling crude oil prices

After climbing 2% on Tuesday, crude oil prices dropped 1% Wednesday, thanks to continued anxiety over weak U.S. gasoline demand. Plus, there was economic data that might spur the Federal Reserve to keep interest rates higher for longer. It also proved to be a weak trading day for Oklahoma energy stocks. West Texas Intermediate crude …

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Gasoline prices are 1% higher than Memorial Day weekend of last year

  On May 20, 2024, the Monday before Memorial Day, the retail price of regular gasoline averaged $3.58 per gallon (gal) across the United States, 1% higher than at the same time last year. The average price in Oklahoma was $3.12 this week. The U.S. Energy Information Administration reported that after adjusting for inflation (real …

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Biden orders sale of 1 million barrels of gasoline to lower prices

  With national gasoline prices averaging $3.60 a gallon, the Biden administration, much like it did in 2022 with the release of oil from the Strategic Petroleum Reserve, announced a move designed to ease prices. Critics contend it is a political move designed to attract support for President Biden who is slumping in the polls. …

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While some Oklahoma cities see slight increase in gasoline prices, Tulsa plunged

  AAA says “like a tired party balloon,” gasoline prices across the U.S. are slowly deflating. But that’s not the best description for some Oklahoma gasoline prices because they went the opposite direction in the past week—rising a few cents a gallon. The national average dropped four cents last week to an average of $3.60 …

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Gas prices slip in Oklahoma but only four counties have averages less than $3 a gallon

    Gasoline prices quietly fell 7 cents a gallon in Oklahoma over the past week, reaching a statewide average of $3.11 per gallon according to AAA Oklahoma. That’s more than $2 less than what drivers are paying on average in California. Oklahoma’s average is 13 cents less than the $3.24 average a month ago …

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Oklahoma gas prices—still some of the cheapest in the region

  It may not feel like it, but Oklahoma has some of the lowest gas prices in the region.  Only Arkansas gas is cheaper in the six states surrounding Oklahoma. Although gasoline inventories were up nationwide, they actually fell in the Midwest. Pump prices in the Sooner State averaged three dollars, 20-and-a-half cents a gallon …

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Increased gasoline prices hold steady in Oklahoma

  Gasoline prices are holding at higher amounts this week, reaching an average of $3.22 per gallon across Oklahoma. It’s a penny less than a week ago but 15 cents more than one month ago reports the American Automobile Association. Still, you could live in California where the average is up to $5.45 a gallon. …

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Energy quick reads

** Gasoline prices are expected to rise over the next few days — but not necessarily because of turmoil in the Middle East. Over the next day or so, states in the Northeast and mid-Atlantic are expected to switch to more expensive gasoline blends for the summer, leading to higher prices at the pump. ** The Biden administration on Monday …

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Filling up at the gas pumps costs more in Oklahoma than a year ago

    Forget the thought of falling gasoline prices. Oklahomans are now paying far more for a gallon of gasoline than they did one year ago. The statewide average, according to AAA Oklahoma, reached $3.19 this week, a penny higher than a week ago, 32 cents more than a month ago and 18 cents higher …

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