The Woodward News

Local News

January 11, 2013

Officials say filling up may cost less in 2013

(Continued)

Woodward, Okla. — CURRENT PRICES ON GASBUDDY.COM

GasBuddy.com depends on volunteer gas price spotters from the public to post local prices for different communities.

Thursday's GasBuddy.com reports show the $3.13 figure at Love's on Williams Ave. and Murphy USA on 1st St., next to Wal-Mart.

Love's at 2701 Oklahoma Ave., Jiffy Trip at 1712 Downs and Shell at 110 E. Oklahoma Ave. were at $3.14. Conoco, 2728 Williams Ave., and Shell, 3710 Oklahoma Ave., stood at $3.15.

Mooreland prices are also still above $3, with $3.11 at Conoco on U.S. 412 West, $3.13 at Jiffy Trip on South Main and $3.15 at Shell on SW 6th at Main.

However, Enid has broke through the $3 line, GasBuddy.com reported Thursday, as the price range was $2.92 to $2.99.

No site in Oklahoma City was higher than $2.81, and the lowest was $2.73.

According to GasBuddy.com, the Oklahoma average was $2.936 on Thursday, while the national average was at $3.27.

SPRING MAY BRING UPWARD INFLUENCES

Despite the current favorable outlook, both Mai and DeHaan were cautious about what will happen to prices with the arrival of Spring.

"In March, the economy will be trying to get over the 'fiscal cliff,' and refining methods will be switching to more-expensive summer formulas," Mai said.

He said that retail gas prices for the year, however, will still be lower than in 2012, thanks to continuing brisk production and less demand.

"You could say the current situation is the calm before the storm that arrives every spring, with the change in refining procedures," DeHaan said. "But having said that, we're confident that our forecast, specifically for January, will prove accurate, with the median price nationally … to be at less than the current $3.27."

More information may be found by going to www.FuelGaugeReport.AAA.com or checking GasBuddy.com's site.

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