Oklahomans Feeling Less Pain At The Pump

Monday, September 26th 2011, 11:49 am
By: News 9


OKLAHOMA CITY -- Good news for Oklahomans filling up the tanks on Monday. The state's gasoline price average has dropped 23 cents over the last 17 days, according to AAA Oklahoma.

Monday's average price across the state for a gallon of self-serve regular is $3.341. This compares with a national average of $3.493, down 17 cents since September 9.

"These lower prices are largely the result of worsening economic conditions worldwide, which are driving down crude oil prices as well as expectations for future demand for oil," said Chuck Mai, spokesman for AAA Oklahoma. "At the same time, the U.S. dollar has been gaining strength, giving oil prices even more downward momentum. Plus, refineries have now completed the transition to making winter blends of gasoline, which are cheaper to produce."

According to AAA's daily gasoline price website, www.FuelGaugeReport.com, there are eight states today with cheaper statewide gasoline price averages than Oklahoma. Missouri has the nation's lowest state price: $3.188.

Twenty-four states have gas price averages below $3.50 per gallon today. In the 48 contiguous states, California's average is highest at $3.889.