Gas prices

Local & Regional
12:53 pm
Thu March 27, 2014

Gas Prices Take Another Jump at the Pump

Gas prices are up again.
Credit KWGS News

Gas prices in Tulsa go up 11-cents a gallon for regular unleaded at most stations. The time of year, world tensions, weather, and the cost of oil are all factors. Contrary to the opinion of many that retailers are making out like bandits, Quik Trip Spokesman Mike Thornbrugh says higher gas prices keep customers from buying items in the store, where the company makes most of its’ money.

Supply and demand isn’t that much of a factor anymore, but with more people on the road in spring and summer that does have an impact also.

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Local & Regional
8:53 am
Wed August 29, 2012

Tulsa Gasoline Prices Could Go Higher

File photo

OKLAHOMA CITY (AP) — The price of gasoline is rising across Oklahoma and AAA Oklahoma says the cost is expected to continue its upward trend.

The agency says the average for a gallon of self-serve unleaded regular in the state is $3.66 per gallon — up about 7-and-a-half cents per gallon from last week and up almost 27 cents from a month ago.

AAA says the cost is expected to rise another 10 to 15 cents per gallon because of the shutdown of oil refineries in the Gulf of Mexico as what is now Hurricane Isaac approached the region.

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Local & Regional
9:35 am
Tue August 28, 2012

Storm Blamed for Tulsa Price Hike

Prices increase at the pump in Tulsa
KWGS News

Before Isaac makes landfall, the storm is impacting Tulsa area gasoline prices. With oil rigs closing in the Gulf of Mexico ahead of the storm, gasoline prices in Tulsa took a huge jump again in Tulsa. The price of regular unleaded increased to $3.69 per gallon.

Despite the increase Tulsa is still below the national average. The average U.S. price of a gallon of gasoline has jumped 7 cents over the past two weeks. That's according to the Lundberg Survey of fuel prices, which puts the price of a gallon of regular at $3.76.

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Local & Regional
12:27 pm
Tue August 21, 2012

AAA: Price of Gas Rises Slightly in Oklahoma

OKLAHOMA CITY (AP) — The price of gasoline rose by just more than 3 cents per gallon in the past week in Oklahoma and has risen 22 cents in the past month.

AAA Oklahoma reported Tuesday that the average for a gallon of self-serve regular gas in the state was $3.59 per gallon. AAA said the average price was $3.42 per gallon a week ago and stood at $3.44 per gallon a year ago.

The highest average price in selected cities was $3.63 per gallon in Stillwater — the lowest was $3.53 per gallon in Muskogee.

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Local & Regional
7:05 am
Mon July 16, 2012

Gasoline Cheaper Elsewhere

CAMARILLO, Calif. (AP) — The average price of a gallon of gasoline nationwide has dropped about 7 cents over the past three weeks.

The Lundberg Survey of fuel prices puts the average price for a gallon of regular at $3.41.

Analyst Trilby Lundberg says the national average for a gallon of mid-grade is $3.57. For premium it's $3.69 a gallon.

Lundberg says diesel prices fell 5 cents a gallon over the past three weeks, to $3.73.

Jackson, Mississippi had the nation's lowest average price for gas at $3. Chicago, Illinois had the highest at $3.78.

Local & Regional
1:37 pm
Wed June 6, 2012

Filling Your Tank is Getting Cheaper

 The national average price per gallon of regular self-serve gasoline is at a decline as well as Oklahoma’s average. The national price is cheaper than this time last year. This is the first time since November 2011 that Oklahoma is experiencing this decline. 

 

The low costs are a result of crude oil prices declining and refining issues eased. Diplomatic talks with Iran are in progress. Since the decline, the U.S. dollar is becoming stronger. The U.S. dollar strengthens as overseas economies weaken.

Local & Regional
10:50 am
Wed April 4, 2012

Gasoline price hikes impact other sales

The gasoline price sign outside of a south Tulsa Quik Trip
KWGS News Photo

With gasoline prices jumping 13-cents-a-gallon in Tulsa, many people are grumbling. You may be surprised to learn merchants are among those upset with the escalating price.

Quik Trip’s Governmental Affairs Director is Mike Thornbrugh. He says as gas prices go up their inside sales go down. He says people only have a finite amount of money. When prices go up, customers are less likely to buy a candy bar, chips or drink while at the check-out counter.                          

Local & Regional
12:43 pm
Fri March 2, 2012

Gas Prices Jump

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.