OKLAHOMA SEEING RECORD HIGH GASOLINE PRICES

NEWS from AAA Oklahoma, April 18 – Oklahoma’s retail gasoline prices are at record-setting levels, according to AAA Oklahoma.

Today’s AAA Fuel Gauge Report (www.AAAFuelGaugeReport.com) shows self-serve regular now averaging $3.309 per gallon across Oklahoma, surpassing the previous all-time high of $3.292, set May 22, 2007.

The national gas price average today is $3.445, also a record high.

“As the national average price of gasoline approaches $3.50 per gallon, we’re all wondering whether we’ll see $4 gas this year,” said Chuck Mai, spokesman for AAA Oklahoma. “Although it’s hard to believe the national average will rise another 55 cents, it’s important to remember that the threat of a major disruption in either the production or the distribution of oil or gas has the potential to send prices off the charts. We’ve seen it happen before.”

Five of Oklahoma’s six neighboring states are also seeing all-time high gas price averages today: Missouri at $3.305; Arkansas, $3.347; Texas, $3.360; Colorado, $3.394; and New Mexico, $3.429. Kansas’s average today of $3.358 is less than one cent away from the state’s highest price average ever.

“Unfortunately, as long as crude oil prices are at record highs, where they are today on the NYMEX, there’s upward pressure on pump prices,” Mai said.       

Only four states have lower gasoline price averages today than Oklahoma: New Jersey at $3.193; New Hampshire, $3.295; South Carolina, $3.298; and Missouri.

California has the nation’s most expensive gasoline at $3.837, followed by Hawaii at $3.743 and Alaska at $3.711.