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9:16 am
Sun April 10, 2011

Pain at the Pump

Oklahoma City, OK – Price of gallon of gasoline rising in Oklahoma

OKLAHOMA CITY (AP) A report by AAA Oklahoma says the cost of gasoline has risen by 23 cents per gallon in the state during the past 16 days.

AAA reports the average price for a gallon of self-serve regular was $3.62 on Saturday. The average was $3.39 per gallon on March 24.

AAA Oklahoma spokesman Chuck Mai said the rising price of crude oil is driving up the price at the pump. Mai said unrest in the Middle East and Northern Africa is the primary force driving the rise in the price of crude.

Benchmark West Texas Intermediate crude oil for May delivery closed at $112.79 per barrel Friday.

Mai said the price in Oklahoma is at its highest level since an average price of almost $3.65 per gallon on Sept. 18, 2008.