- Associated Press - Tuesday, July 7, 2015

OKLAHOMA CITY (AP) - Gasoline prices are falling in Oklahoma following the long July 4 holiday weekend.

AAA Oklahoma said Tuesday that the statewide average for a gallon of regular gasoline was about $2.55, down about 1 cent from last week. The average price last year at this time was about $3.48 per gallon.

Motorists paid the lowest price at the pump for Independence Day travel since 2010, saving about 90 cents per gallon compared to the 2014 holiday. Monday’s national average price for regular unleaded gasoline was $2.77 per gallon, down fractions of a penny versus one week ago.

Despite declining gasoline prices, AAA says the direction of pump prices in the near term is less than certain. Consumer demand for gasoline typically climbs during the summer vacation months of July and August.

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