Gasoline Price War Lights Up in Oklahoma City as $2 Floor Drops

It took $1.99 and about four hours for the gas war to break out in Oklahoma City.

A month-old station in the Oklahoma capital yesterday became the first in the U.S. to sell regular gasoline for less than $2 a gallon since the recent crude oil nosedive began, according to data collected by GasBuddy Organization Inc. Cars lined up three-deep at the OnCue on Shields Boulevard -- and by 4 p.m., the 44 Food Mart down the street had countered with $1.98. Other nearby competitors started chiseling pennies away too. After sunset, seven miles away in the suburb of Moore, the Broadway Food Mart had them all beat at $1.95.