It was too good to last.
Gas prices in Tulsa had been trending downward through December but another jump last night took the average price of a gallon of regular unleaded to $3.19. That’s an increase of 41 cents per gallon in the last three and a half weeks.
“I don’t know why it shot up all of a sudden” one driver told KRMG news. “It’s depressing.”
The price for a barrel of West Texas Intermediate crude oil closed up slightly yesterday at just over $96.00. That price has been trending up since oil hit a low of just over $86.00 per barrel in mid-December.
Some drivers chalk it up to economics “supply and demand, that’s all it is” Darrell told us. But others aren’t buying that as an excuse “no, someone’s gonna get rich that’s the only thing I’m thinking” Bill said as he waved a hand at the pump.
Both ways it’s impacting your wallet and for Teresa that’s not good news. “I’m a single mom so yeah, it hurts.”
No matter why you think prices rise and fall one frustration is universal. “It always goes up by nickels or dimes and twelve cents but always comes down a penny at a time” Nicholas told us.
“Now how can that be” he went on.
Why do you think prices jumped?
Please leave your thoughts in our comments section below or feel free to text your reasons to 95920.
You can always find the cheapest gas prices in town by clicking on the fuel gauge on our traffic page at KRMG.com.