Gas prices back over $3.00 per gallon in area

After a short break, gas prices are on the move again, but probably not in the direction you're hoping for. A gallon of gas went for $2.34 a year ago. The lowest prices are found in Orlando and The Villages. That's a 3.7 cent increase per gallon compared to last week. North Carolina's average falls below that level, at $2.71 per gallon.

Average retail gasoline prices in Oklahoma have risen 7.0 cents per gallon in the past week, averaging $2.58/g yesterday, according to GasBuddy's daily survey of 2,294 gas outlets in Oklahoma. According to GasBuddy, gas stations in 25 cities are selling gas for 70 cents a gallon more than at this time past year. Woodward now averages about $2.60 per gallon. Oakland- $3.69/g, up 4.7 cents per gallon from last week's $3.65/g.


Analyst Patrick DeHaan of www.gasbuddy.com says some of the factors in the rising prices included President Trump's decision to withdraw the US from the Iran nuclear deal and dropping oil supplies as USA exports have surpassed Venezuela.

With those sanctions being re-imposed in the next three to six months, Iran's crude exports are expected to decrease and crude prices are expected to continue to rise thanks to diminishing crude supply. About GasBuddy GasBuddy is the technology company changing the way more than 75 million consumers find, purchase, and save money on gasoline. After that, many places along Interstate 90 have gas for $2.99 per gallon.

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