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The Daily Ardmoreite
  • Gas prices likely to dip through New Year’s Day

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  • AAA predicts the national average price of gas will slowly drop through the end of the year and will average between $3.20 and $3.40 a gallon by New Year’s Day. The Oklahoma average will also fall, AAA predicts, to between $2.95 and $3.15 by the end of the year. To date, the lowest daily Oklahoma average of the year occurred during the first few days of the year when the price hovered at about $3.06.
     
    The national low for the year so far also took place then, $3.28 a gallon on Jan. 1.
     
    It appears the average price of gas for all of 2012 will be the most expensive of any year on record.The annual average to date is $3.63 a gallon, 12 cents more than the record set in 2011. Gas prices nationally would need to average about $2.05 a gallon through the end of this year to not break the record.
     
    The largest one-week decline in national pump price averages this year was at the end of October, when it dropped 14 cents.The largest increase during a similar seven-day period was 15 cents per gallon as prices surged higher to end February.

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