Gas Prices To Fall In 2014

Ponca City Now - January 1, 2014 10:56 am

OKLAHOMA CITY (AP) – AAA Oklahoma says gas prices in the state should fall in 2014.

AAA says it believes gas prices in the New Year should be slightly lower than in 2013. It says domestic refining capacity will expand and crude oil production is expected to increase in 2014.

But gas prices were on the rise as 2013 ended. AAA says not since Halloween have Oklahoma motorists seen pump prices as high as they were on New Year’s Eve. The statewide average price was about $3.06 per gallon, up about eight cents from a week earlier.

Oklahoma’s statewide gasoline price average was $3.33 per gallon during the year, equaling the state’s average in 2011 but eight cents cheaper than in 2012.

Nationwide, gas averaged $3.49 in 2013, the least expensive year since 2010.

 

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