Posted on 02/09/2015 11:16:39 AM PST by Star Traveler
Gasoline prices are moving back closer to the $2 a gallon mark across Oklahoma, according to the gasoline website Gas Buddy. The site says Oklahoma’s average has jumped 14 cents a gallon in the past week to a new level of $1.98 a gallon. A month ago, the statewide average was $1.82 a gallon.
Nationally, GasBuddy.com reports an average of $2.17 a gallon, which is a 12 cent jump in the past week and only a penny more than a month ago.
The cheapest gasoline found in Oklahoma is $1.67 a gallon in Tulsa. Prices of $1.77 a gallon are found in Westville and and Wewoka.
Oklahoma City’s average is up to $1.992. Just one week ago, the city average was $1.848 while a month earlier, the average was $1.786 a gallon. The cheapest gasoline in Oklahoma City is being pumped at $1.79 a gallon but most stations are in the $1.81 to $1.84 a gallon range. Oklahoma City’s highest price is $2.39 a gallon.
In Tulsa, the average is $1.917 a gallon, up a dime from last week and up from $1.711 a month ago. While Tulsa’s cheapest gasoline price is $1.67, most prices are in the $1.79 to $1.85 a gallon range.
1.85 in Phoenix.
Rebounding? Here in the O.C. it’s been soaring, over twenty cents in a week!
In my area (nw Arkansas) gas was $1.63 on Wednesday, January 28.
On Friday, January 30, it was up to $1.85.
Last Wednesday, February 4, it was up to $1.99.
Yesterday/today, it ranges from $1.96 to $2.09.
Yep ...
Cheapest we’ve had in years was the $2.13/gal just several weeks ago. Now it’s back up to $2.25/gal as of a few days ago.
good
Oil rallies for third day after OPEC sees greater crude demand
http://www.freerepublic.com/focus/f-news/3255755/posts
WHY PRICES HISTORICALLY GO UP IN THE SPRING
http://www.nacsonline.com/YourBusiness/FuelsReports/GasPrices_2013/Pages/Gas-Prices-Spring.aspx
Over the years, we have all noticed that gas prices go up each spring, and generally seem to peak around Memorial Day. Most consumers assume that prices peak at this point because of the advent of the summer-drive season. Is that the case?
To a certain extent, seasonal demand is a factor. But there are a number of other events that collectively have a bigger effect on prices each spring, leading to price peaks right before Memorial Day. In six of the past 13 years, the seasonal peak was in the time period between May 9 and May 24.
Crude oil prices are the biggest factor driving gas prices, but how the crude oil is processed also plays a significant role in price increases. The petroleum industry’s switchover to summer-blend fuels, a process that begins each February and ends June 1, creates challenges that also affect retail fuels prices. Since final implementation of the Clean Air Act Amendments in 2000, the seasonal transition to summer-blend fuel has helped gasoline prices climb significantly before they reached their peak. Comparing prices the first week in February to their seasonal peak, increases have ranged from a low of 20 cents in 2003 to a high of $1.13 in 2008; on average, the average annual increase is 54 cents per gallon.
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