The growing prospects of a peace deal with Iran might have sparked a drop in U.S. gasoline prices and that includes Oklahoma where the new statewide average as of Wednesday morning was $3.95 per gallon.
Just a week ago as Oklahomans prepared to travel for the Memorial Day weekend, prices were at $4.09 per gallon. But prices are slipping and fell two cents per gallon since Tuesday when the average price in the state was $3.97. Oklahoma’s $3.95 average is not the lowest in the U.S. but second only to Indiana where the average is $3.85 per gallon.
The national average of $4.45 is four cents lower than a day earlier and a dime less than the average last week of $4.55 per gallon, according to AAA’s gasoline price listing.
Gasoline prices in Lawton are down to $3.78, 21 cents cheaper than a week ago. The new average in Oklahoma City is $3.88 after a fall of 3 cents since Tuesday and 17 cents below the $4.05 average of last week.
Motorists who fill up in Tulsa are paying a Wednesday average of $3.98, just a penny less than Tuesday but 18 cents lower than the average last week of $4.16 per gallon.
Across Oklahoma, there remain 16 counties with average of more than $4 per gallon. Coal County in the southeast is highest at $4.39 by Ellis in the northwest is at $4.34 per gallon and Dewey at $4.34.
Other $4 counties are: Beaver $4.20; Atoka $4.09; Hughes $4.14; Muskogee $4.12; Osage $4.14; Delaware $4.09; Marshall $4.11; Logan $4.23; Grant $4.08; Kiowa $4.21; Blaine $4.23; Roger Mills $4.26; and Woodward at $4.17.
GasBuddy reports prices are even lower at some sites including $3.60 in Bethany. But they’re even lower in Coweta where one station sells it for $3.29 per gallon.
“Average gasoline prices declined in 40 states over the last week as falling oil prices helped offset earlier price cycling in many markets, bringing relief to motorists after several states had already seen sharp increases,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
