Looking for cheap gas? Come to Oklahoma!

31st October 2008

posted in economics, travel |

I was amazed to see the following sign for gasoline in Midwest City, Oklahoma on Thursday this week, just west of Oklahoma City: $1.97 per gallon!

From what I understand, the futures markets for oil have plummeted with the recession underway and widespread predictions of lower oil demand in the months ahead. No one enjoys a recession, but it certainly is nice for gasoline prices in our area to have fallen so precipitously.

I was in Chicago three weeks ago and learned from one of my taxi drivers that gasoline there had been up to $5.19 per gallon just about 4 months ago. While I am glad to see gasoline come down in price, I hope this will not erode the resolve of U.S. citizens everywhere to end our dependence on foreign oil. We need to adopt and implement the Pickens Plan, regardless of who wins elections on Tuesday!

Technorati Tags:
oil, gas, cheap, gasoline, pickens, plan

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This entry was posted on Friday, October 31st, 2008 at 10:02 pm and is filed under economics, travel. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

1 On November 3rd, 2008, Heather Voran said:

Hi, Wes,

Just an fyi because I know you are in the OKC area, and I’ve seen you comment a couple of times on gas prices: My husband’s family lives near Wichita, KS, and we travel from the Texas Panhandle through Oklahoma City several times a year to visit.

Without fail, the cheapest gas anywhere on our trip is at a group of 4 stations located on all 4 corners of Morgan Rd. and I-40, just East of Yukon as you enter the OKC City limits. The stations are Love’s, Flying J, Pilot, and one other I can’t recall.

It’s as if there is a gas war always going on among the four of them, as there have been times that they are as much as 10 cents/gallon cheaper than even the previous or next station down the road!

We’ve been making this trip for about 17 years, now, and it’s always held true for us. Out of curiosity after seeing your post, I looked up today’s price there, and it’s $1.91 today.

2 On November 3rd, 2008, Wesley Fryer said:

Heather: I have been told by others that those gas stations by I-40 / Morgan Road have the cheapest gas! I don’t get by there often tho– I saw $1.91 today in Norman this morning. Amazing.

What website do you use to look up gas prices?

3 On November 13th, 2008, John said:

Yep, can’t beat gas prices now. No more $60 fill ups! I actually found a site locked-in these prices for the next year at this site petrofix.com. Maybe its a bit early, but I’m not paying $60 anymore.

4 On November 13th, 2008, Heather Voran said: