High Plains Public Radio

gasoline prices

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Summer travel season is here, and it brings good news for Oklahoma travelers. Despite heavy demand, Oklahoma gas prices remain among the cheapest nationwide, reports The Duncan Banner.

The national average for regular gas prices continues to rise. But Oklahoma’s average has only moved up by two cents in the last three weeks. It now sits at just $2.15 a gallon.

Joe Wertz / StateImpact Oklahoma

The national average for a gallon of regular unleaded gas has fallen to $1.71. In Oklahoma, the prices could soon dip below a dollar. The state hasn’t seen average gasoline prices this low in 15 years.

Tommaso Galli / Flickr Creative Commons

As the price of oil continues to drop, Politico asked a number of experts what the hidden consequences of the crash would be. Their answers varied.

John McLaughlin of Johns Hopkins University said every indication is that prices will not go up markedly. They may even drop further.

Ian Bremmer of the Eurasia Group says Middle East political structures are brittle and based on oil wealth. He asked, what keeps these countries together when the oil money runs out?

Grant Gerlock/Harvest Public Media

Ilya Protopopov stopped at a U-Stop station in Lincoln, Neb., on his way to the track to fuel up his truck and a few dirt bikes. His fuel of choice, 91 octane unleaded, was selling for $4.01 per gallon.

“I used to complain about $1.50 gas, now it’s over $4,” Protopopov said. “Pretty steep.”

But on the same pump there was another fuel selling for under $3. E85 was going for $2.53.