Tulsa gas prices jumped 13 cents at the pump overnight. Chuck Mai with Triple-A Oklahoma says a false report of a Saudi Arabian pipeline explosion sparked the latest rise, but there are other factors involved, including the volatile situation in Iran, and Wall Street speculation.
Mai says it’s likely prices will increase another 25 or 30 cents a gallon in Oklahoma by summer, but very unlikely they will top $3.80 a gallon here. The price could reach four dollars a gallon in other parts of the country.