AAA: Gas prices should continue to fall

Posted on: 12:03 pm, March 5, 2013, by

gas

OKLAHOMA CITY—Drivers across the state may have noticed a positive change at the pump this week.

Officials with AAA say motorists across the state are paying more at gas stations than they did last month but a bit of relief may be in sight.

Oklahoma’s average for a gallon of gas is $3.56, which is down nearly 6 cents from last week.

Analysts say “spot” gasoline prices have dropped dramatically across the country and they say retail prices should continue to fall.

Tuesday’s national average price for gasoline is $3.74, which is 23 cents more than this time last month.

Authorities say the high prices were driven by refinery maintenance and concerns about more expensive crude oil.

The recent decline is also due to the price of crude oil dropping and tumbling wholesale prices.

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