-
Tips for becoming a good boxer - November 6, 2020
-
7 expert tips for making your hens night a memorable one - November 6, 2020
-
5 reasons to host your Christmas party on a cruise boat - November 6, 2020
-
What to do when you’re charged with a crime - November 6, 2020
-
Should you get one or multiple dogs? Here’s all you need to know - November 3, 2020
-
A Guide: How to Build Your Very Own Magic Mirror - February 14, 2019
-
Our Top Inspirational Baseball Stars - November 24, 2018
-
Five Tech Tools That Will Help You Turn Your Blog into a Business - November 24, 2018
-
How to Indulge on Vacation without Expanding Your Waist - November 9, 2018
-
5 Strategies for Businesses to Appeal to Today’s Increasingly Mobile-Crazed Customers - November 9, 2018
AAA Oklahoma says gas prices to remain low for the holidays
DeHaan says gas prices below $2 a gallon can be found at nearly 70% of stations in the country. But Chicago’s average isn’t that low. Compared to less than a year ago, the national average price of gas has dropped 41 cents.
Advertisement
Crude oil, which accounts for at least half the price of gasoline, has fallen from about $55 during the week before Christmas previous year to just over $35 this week. Of the 13 cities with the highest prices for gasoline, all are in California, and 16 of the top 20 are in the Golden State.
“We have witnessed a historic shift in gas prices that has saved families hundreds of dollars so far this year”, said John B. Townsend II, AAA Mid-Atlantic’s manager of public and government affairs.
Texas gasoline prices are among the nation’s cheapest, averaging $1.79 per gallon.
First, there’s an enormous oil glut, with more than enough supplies worldwide to meet current demand.
The five states posting the lowest gasoline prices Tuesday morning were Oklahoma ($1.747), Missouri ($1.754), SC ($1.770), Kansas ($1.771) and Arkansas ($1.775).
Among the lowest-price places in Arkansas was Springdale, where a gallon of gasoline could be had for $1.53 on Monday.
Advertisement
Gas prices already are much cheaper than $2 per gallon in most parts of the country. During this 81-month span, gas prices averaged $3.11 per gallon and reached as high as $3.98 on May 5, 2011. The savings rate has improved, and people continue to pay down debt, both of which may be fueled in part by American consumers’ gasoline savings. Even looking at March delivery for Brent, the spread is less than $1 a barrel, the smallest difference in price between the two grades in years.