Average gasoline prices in Tulsa have risen 17.8 cents per gallon in the last week, averaging $2.98/gallon Monday, according to GasBuddy’s survey of 321 stations in Tulsa.
Prices in Tulsa are 10 cents per gallon higher than a month ago and stand 99.3 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Tulsa was priced at $2.68/gallon Sunday while the most expensive was $3.39/gallon, a difference of 71 cents per gallon. The lowest price in the state yesterday was $2.56/gallon while the highest was $3.55/gallon, a difference of 99.0 cents per gallon.
The national average price of gasoline has risen 2.3 cents per gallon in the last week, averaging $3.29/gallon Monday.
The national average is down 5.5 cents per gallon from a month ago and stands 97.5 cents per gallon higher 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 Tulsa and the national average going back ten years:
Neighboring areas and their current gas prices:
Oklahoma City – $2.81/gallon, up 2.1 cents per gallon from last week’s $2.79/gallon.
Wichita – $2.94/gallon, down 2.6 cents per gallon from last week’s $2.97/gallon.
Oklahoma – $2.88/gallon, up 5.6 cents per gallon from last week’s $2.83/gallon.
“Oil prices have remained stubbornly strong, touching nearly $80 per barrel last week, pushing gasoline prices higher even as U.S. gasoline demand starts to struggle. Some of this is typical seasonal weakness, but the lack of demand is likely enhanced by omicron cases surging and Americans who are just a bit more hesitant to get out right now,” said Patrick De Haan, head of petroleum analysis for GasBuddy.
“In addition, unrest in Kazakhstan, the 18th largest oil producer, is likely leading to impacts on oil production, while continued unrest in Libya also worries markets and overpowers the seasonal drop in gasoline demand.
“Without improvement or stability in oil producing countries, we’re likely to continue to see upward pressure on oil prices.”