OKLAHOMA – The average price of gasoline in Oklahoma sunk to a 7-month low, according to AAA.
Oklahoma’s statewide gasoline price average today for self-serve regular stands at $1.877, the lowest it has been since April 13 of this year when it hit $1.867 per gallon, and the cheapest today of all the 50 states, AAA reports.
“The slide in the price of gasoline has been rather dramatic in the state. Regular has slipped 20 cents over the last 32 days,” said Chuck Mai, spokesman for AAA Oklahoma. “The abundance of crude oil in the global market continues to push prices lower. Plus, gasoline demand tends to decline during the month of November, and with the autumn refinery maintenance season nearly behind us, we expect pump prices to move lower to close out the year, barring any unanticipated outages or supply disruptions.”
The national average pump price has fallen for 10 consecutive days, reaching today’s average of $2.17 per gallon, a nickel less per gallon than one week ago, eight cents less than one month ago, but just a penny below the price on Nov. 14, 2015.