gas prices

Economy
7:41 am
Sat January 17, 2015

Falling Oil Prices: Good For Drivers, Bad For Banks

Originally published on Sat January 17, 2015 11:57 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

SCOTT SIMON, HOST:

This is WEEKEND EDITION from NPR News. I'm Scott Simon.

JOSEPH JEAN-BAPTISTE: I'm Joseph Jean-Baptiste from Miami, Florida. Gas prices have been beautiful. I've been putting Supreme - 93 - because prices are so low.

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This Week in Oklahoma Politics
8:50 am
Fri January 9, 2015

The New Legislative Session is Coming

KOSU's Michael Cross talks with Republican Political Consultant Neva Hill and ACLU Oklahoma Executive Director Ryan Kiesel about the "Hoodie Bill" and conservatives asking AG Scott Pruitt to stop the lawsuit over Colorado marijuana laws.

They also discuss lawmakers getting ready for the new session, gas prices impacting the state budget, and Oklahoma's first execution since April 2014.

StateImpact Oklahoma
10:34 am
Thu January 8, 2015

Oil-field Workers and Economists in Oklahoma Hope Crashing Crude Prices are a Blip, Not a Bust

Chad Igo owns Pecan Creek Catering in New Cordell, Okla., which delievers food to workers in the oil patch.
Joe Wertz / StateImpact Oklahoma

The sign on the front door says “closed,” but Pecan Creek Catering in New Cordell, Okla., is open for business. Out back, a tractor-trailer is being unloaded. Giant cans of green beans, tomatoes and mushrooms are hauled inside, where they’re sorted and stacked on metal shelves.

In the kitchen, Jennifer Etris pours a carton of buttermilk into a giant bowl and stirs.

“I cheat,” she says. “I use two of these ranch dressing mixes instead of one. It is known all over the world, my ranch dressing.”

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Local News
7:02 am
Tue December 23, 2014

Headlines: Executions Allowed, Capitol Repairs & A Baby Elephant

Headlines for Tuesday, December 23, 2014:

  • Oklahoma gets the go ahead to resume executions. (NewsOK)
  • State leaders are going with Kansas City, Missouri-based JE Dunn Construction to repair the outside of the Capitol. (Journal Record)

  • The Tulsa World wants the state to unseal records relating to the botched execution of Clayton Lockett. (Tulsa World)

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The Two-Way
4:21 pm
Sat December 20, 2014

Many States Now Have $2 Gasoline, Analyst Says

On Cue in Oklahoma City, was reportedly the first station to lower regular unleaded below $2 a gallon. Now, 24 states have $1.99 gasoline.
Sue Ogrocki AP

Remember when we told you earlier this month that a gas station in Oklahoma City had lowered its price for regular unleaded to $1.99 a gallon?

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Here & Now
11:15 am
Wed December 10, 2014

Beyond The Pump: What Falling Oil Prices Mean For U.S. Producers

International Air Transport Association (IATA) Chief Economist Brian Pearce speaks at the IATA global media day on December 10, 2014 in Geneva. Global airline association IATA on December 10 raised the sector's profit forecast to a record $19.9 billion for 2014 and $25 billion for 2015, as plunging oil prices drive down costs. (Fabrice Coffrini/AFP/Getty Images)

Originally published on Wed December 10, 2014 3:19 pm

Oil prices have plunged more than 40 percent since July, to a five-year low, and they continue to fall. As of Wednesday morning, crude was trading below $62 a barrel.

That’s good news for drivers, but beyond low gas prices, what does it mean for U.S. oil producers, and the economy?

Here & Now’s Jeremy Hobson talks to Juli Niemann, a financial analyst with Smith Moore and Company.

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Business
4:58 pm
Mon December 8, 2014

GOP Leaders: Gas Tax Hike Could Fuel Fixes To Bad Roads And Bridges

Thomas Harden of Chicago pumps gas into his truck. He says he wouldn't support a gas tax increase.
David Schaper NPR

Originally published on Tue December 9, 2014 1:57 pm

Gasoline prices are at their lowest level in four years. The price at the pump in many states is almost a full dollar cheaper than it was last spring.

So some politicians think this is a good time to raise gasoline taxes. Several states are tired of waiting for Congress to fix the federal highway trust fund, so they're considering raising gas taxes themselves to address their crumbling roads.

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The Two-Way
5:02 pm
Fri December 5, 2014

Coming Soon To A Filling Station Near You: $1.99 Gasoline

Gas prices in Oklahoma City have dipped under $2.
Joe Wertz StateImpact Oklahoma

Originally published on Fri December 5, 2014 5:50 pm

The photo above isn't from the archives. It was taken this week in Oklahoma City, where the price of regular gas has fallen under $2 a gallon. The last time that happened anywhere in the U.S. was in July 2010.

The OnCue filling station is the first in the country to drop its price below the $2/gallon threshold.

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Here & Now
3:23 pm
Thu December 4, 2014

Gas Dips Below $2 In Oklahoma

Long lines formed after the OnCue gas station in Oklahoma City dropped its price to $1.99 a gallon. (@keatonfox/Twitter)

Originally published on Thu December 4, 2014 2:23 pm

Goldman Sachs estimates that Americans stand to save $75 billion from the recent drop in gasoline prices. That works out to about $1,100 a year per household.

Now, a gas station in Oklahoma City has apparently become the first in the nation to lower the price of gas below $2 a gallon since July 2010.

Yesterday, the OnCue station dropped its price from $2.11 to 1.99 for a gallon of regular gas. That prompted long lines of drivers waiting to fill up, and set off a price war with nearby competitors, who dropped their prices too.

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Energy
5:29 pm
Mon December 1, 2014

Tumbling Oil Prices Give A Boost To Drivers During The Holidays

Originally published on Tue December 2, 2014 5:16 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

MELISSA BLOCK, HOST:

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