OK Motorists Enjoying Nation’s Third-Lowest Gas Price Avg - KSWO 7News | Breaking News, Weather and Sports

OK Motorists Enjoying Nation’s Third-Lowest Gas Price Avg

OKLAHOMA CITY Okla_ Only two states have a lower statewide gasoline price average Tuesday than Oklahoma.

According to www.AAAFuelGaugeReport.com, the state's pump price of $3.06 for self-serve regular is less than the price average of every state except Missouri, $2.993, and Montana, $3.015. Oklahoma's average continues to hover within the $3.05 to $3.07 range, as it has throughout the first three weeks of 2014.

 

Today

Last Week

Change From Last Week

Price On 12/24/2013

Change From 12/24/2013

Last Year

Ardmore

$3.027 

$3.048

-$0.021

$2.948

$0.079

$3.078

Bartlesville

$3.042 

$3.029

$0.013

$2.935

$0.107

$3.005

Enid

$3.075 

$3.123

-$0.048

$3.007

$0.068

$3.047

Grove

$2.988 

$2.994

-$0.006

$2.916

$0.072

$3.074

Guymon

$3.097 

$3.072

$0.025

$3.034

$0.063

$3.107

Idabel

$3.089 

$3.110

-$0.021

$2.959

$0.130

$3.163

Lawton

$2.988 

$2.991

-$0.003

$2.899

$0.089

$3.056

McAlester

$3.094 

$3.074

$0.020

$2.941

$0.153

$3.058

Muskogee

$3.015 

$2.992

$0.023

$2.890

$0.125

$2.985

Norman

$3.047 

$3.046

$0.001

$2.990

$0.057

$3.045

OKC

$3.040 

$3.042

-$0.002

$2.988

$0.052

$3.023

Ponca City

$3.062 

$3.104

-$0.042

$3.040

$0.022

$3.094

Shawnee

$3.020 

$3.007

$0.013

$2.938

$0.082

$2.991

Stillwater

$3.082 

$3.094

-$0.012

$3.038

$0.044

$3.103

Tulsa

$3.012 

$2.998

$0.014

$2.908

$0.104

$2.949

Statewide

$3.060 

$3.059

$0.001

$2.970

$0.090

$3.025

AAA expects retail gasoline prices to trend lower as 2014 unfolds for four reasons:

  • Domestic oil production is strong and is expected to grow;
  • With the lifting of sanctions, Iran is poised to open their export oil spigots;
  • U.S. motorists continue to invest in more fuel-efficient vehicles, reducing demand;
  • Factory output appears to be slowing in China, which will also cut demand.

Today's national average for regular gasoline stands at $3.28, down three cents from a week ago and a year ago. The highest state averages today are Hawaii at $4.02, Connecticut at $3.66, and Alaska and New York, both at $3.65.

West Texas Intermediate crude oil continues to languish around $95 per barrel, after hitting a 30-day high of $100.32 on Dec. 27, 2013.

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