Oklahoma Pump Prices up But Still Lowest in the U.S.
If you thought gas has gotten more expensive during the holiday season, you’re right.
"We're seeing prices creep back up again. We've risen about 17 cents since the latter part of November," said AAA Oklahoma's Chuck Mai.
Oklahoma, however, is tied with Arkansas for the nation’s cheapest gas right now at an average of $2.02 per gallon. Nationally, the average price for a gallon of regular gas is $2.24, an increase of 11 cents over the past three weeks.
Mai expects prices will remain frozen until next month, when OPEC’s announced production cuts are due to take effect. If the cartel doesn’t follow through, however, and production stays the same, pump prices should, too.
"If we see a decrease in production, though, we'll see an increase in oil prices and the pump price will rise accordingly," Mai said.