Tulsa gas prices have risen 10.6 cents per gallon in the past week, averaging $1.84/gallon Monday, according to GasBuddy’s daily survey of 321 stations.
Gas prices in Tulsa are 16.6 cents per gallon higher than a month ago and stand 25.5 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Tulsa is priced at $1.64/ gallon Monday while the most expensive is $2.27/ gallon, a difference of 63.0 cents per gallon. The lowest price in the state today is $1.58/ gallon while the highest is $2.29/ gallon, a difference of 71.0 cents per gallon.
“With oil’s rally to a new COVID-19 high-water mark, gas prices have begun to follow, even as gasoline demand crumbles to some of the lowest levels in months,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Optimism continues to propel oil markets higher, led by positive news on a COVID-19 vaccine, but should anything change timing wise, we could a reversal, but for now it remains full steam ahead with markets focused on the promise of oil and gasoline demand rising, or the best potential outcome of the situation. Should the hype be overblown, a correction could happen in the weeks or months ahead. For now, motorists may see more volatility in oil markets then we’ve seen in months.”
The national average price of gasoline has risen 3.5 cents per gallon in the last week, averaging $2.16/ gallon Monday. The national average is up 5.7 cents per gallon from a month ago and stands 42.6 cents per gallon lower than a year ago.
Neighboring areas and their current gas prices:
- Oklahoma City- $1.80/gallon, unchanged from last week’s $1.80/gallon.
- Wichita- $1.97/g, up 4.3 cents per gallon from last week’s $1.93/g.
- Oklahoma- $1.82/ gallon, up 2.9 cents per gallon from last week’s $1.79/g.