Normal seasonal factors such as scheduled refinery maintenance are behind a statewide average of $3.10 for gasoline, AAA reports.
AAA Oklahoma spokesman Chuck Mai, an Edmond resident, said prices are up nearly 2 cents during the past week, the highest level since the week before Halloween 2013.
During the coming weeks, prices are expected to rise due to the seasonal refinery maintenance and the EPA-mandated switchover to summer-blend gasoline production in advance of the May 1 deadline, Mai said.
Meanwhile, the four-week national average for gasoline demand is at the lowest level in nearly two years, according to the Energy Information Administration.
In January, more than a dozen refineries experienced problems due extreme cold. Significant refinery problems typically lead to much higher gasoline prices, but this did not happen this year, according to AAA. Reduced driving more than made up for the fall in gasoline production.
A possible seasonal increase in gasoline prices may be delayed this year due to continued harsh weather and weak demand.
Last year, the national average increased 49 cents per gallon during 41 days before peaking at $3.79 per gallon Feb. 27. In 2012, pump prices surged 66 cents from the same date to a peak of $3.94 on April 5. In 2011, prices soared 91 cents during the period.
AAA updates fuel price averages daily at FuelGaugeReport.AAA.com. Each day, up to 120,000 stations are surveyed nationwide based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service and Wright Express.
AAA Oklahoma has 369,000 members.
email@example.com | 341-2121, ext. 108