National Gasoline Price Average Tops $2

For the first time more than four months, the national average retail price for gasoline has topped $2 per gallon, according to AAA.
AAA’s Fuel Gauge Report (www.aaafuelgaugereport.com) shows self-serve regular gasoline now selling for an average of $2.009 nationwide. The last time the benchmark price was more than $2 per gallon was on Nov. 20, when it stood at $2.020. Since that date, the lowest price recorded for the national average was $1.616 on Dec. 30.
Oklahoma’s statewide average price for self-serve regular now stands at $1.901 with slightly lower prices in the Tulsa area. Eight states have a lower gas price average, with Wyoming lowest among all the states at $1.798. California has the highest price average among the 48 contiguous states at $2.201.
“Isolated signs that the economy is strengthening has increased demand for oil, causing futures prices for the commodity to rise,” said Chuck Mai, spokesman for AAA Oklahoma. “That’s what is driving pump prices now, coupled with a weakened U.S. dollar and the prospect for higher demand for gasoline as the summer driving season approaches.”



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