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Gas Prices: Among the Lowest

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KWGS News File Photo
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AAA says motorists in Oklahoma and Arkansas are paying some of the nation's lowest prices for gasoline.

AAA said Monday that average pump prices in Oklahoma were the fifth lowest in the nation at $2.61 a gallon. Arkansas had the sixth lowest price at $2.63 a gallon.

Nationally, gas prices averaged $2.90 a gallon, one cent more expensive than a month ago and 60 cents higher than a year ago.

Nationwide, 44 states have less expensive or steady gas price averages compared to a week ago. But consumption is on the rise as the summer travel season intensifies.

The latest Energy Information Administration report indicates demand set a record for the week that ended June 8. And as demand skyrockets, U.S. gasoline inventories have plummeted.