Average price of gas falls 1.7 cents statewide

Average gasoline prices in Oklahoma have fallen 1.7 cents per gallon in the last week, averaging $2.96 per gallon today, according to GasBuddy’s survey of 2,294 stations in Oklahoma. Prices in Oklahoma are 3.6 cents per gallon lower than a month ago and stand 85.9 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.1 cents in the last week and stands at $4.30 per gallon.

According to GasBuddy price reports, the cheapest station in Oklahoma was priced at $2.69 per gallon yesterday while the most expensive was $3.69 per gallon, a difference of 100.0 cents per gallon. The lowest price in the state yesterday was $2.69 per gallon while the highest was $3.69 per gallon, a difference of 100.0 cents per gallon.

The national average price of gasoline has risen 8.0 cents per gallon in the last week, averaging $3.44 per gallon today.

The national average is up 7.1 cents per gallon from a month ago and stands 87.7 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Oklahoma and the national average going back ten years:

■ 2022: $3.82 per gallon (U.S. Average: $4.32 per gallon)

■ 2021: $2.65 per gallon (U.S. Average: $2.86 per gallon)

■ 2020: $1.95 per gallon (U.S. Average: $2.25 per gallon)

■ 2019: $2.31 per gallon (U.S. Average: $2.52 per gallon)

■ 2018: $2.31 per gallon (U.S. Average: $2.52 per gallon)

■ 2017: $2.08 per gallon (U.S. Average: $2.29 per gallon)

■ 2016: $1.80 per gallon (U.S. Average: $1.93 per gallon)

■ 2015: $2.28 per gallon (U.S. Average: $2.44 per gallon)

■ 2014: $3.36 per gallon (U.S. Average: $3.50 per gallon)

■ 2013: $3.50 per gallon (U.S. Average: $3.71 per gallon)

Neighboring areas and their current gas prices:

■ Oklahoma City: $2.93 per gallon, down 1 cent per gallon from last week’s $2.94 per gallon.

■ Tulsa: $2.84 per gallon, down 10.7 cents per gallon from last week’s $2.95 per gallon.

■ Amarillo: $3.07 per gallon, up 9.8 cents per gallon from last week’s $2.97 per gallon.

“With the transition to more expensive summer gasoline underway coast to coast, wholesale gasoline prices continue to inch up at a rate typical for this time of year, reflected in the national average rising for the second straight week,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While oil prices edged slightly lower on weaker outlooks for economic growth, continued refinery maintenance and the higher cost of seasonal blends of fuel are offsetting oil’s decline. The price of diesel, however, continues to slowly decline as we see consumption for diesel lighten up. The best news for both gasoline and diesel prices is how significant a drop we’ve seen from year-ago levels, with more disinflation to come in the weeks ahead, even as gas prices are likely to inch up.”