A nonprofit publication of the Kentucky Center for Public Service Journalism

Gasoline demand continues to grow as pump prices fluctuate; Ky. sees four cent increase on the week

The laws of supply and demand continue to be the story behind fluctuating gas prices across the country, including Kentucky. Gasoline demand measured 8.9 million barrels per day in the Energy Administration’s (EIA) latest weekly report, up nearly 4% from the week prior. Because of the jump in demand, gasoline supplies tightened to 230.5 million barrels, the lowest level this year. As a result, state...

Crude oil, gas prices continue to climb as stocks tighten and refinery utilization plummets

With a nickel increase on the week, the national gas price average has reached $2.77, which is a 31-cent jump in the last month. Every state average has climbed by double-digits since February, resulting in 1 in 10 gas stations with pump prices that are $3/gallon or more. Here in the Commonwealth, however, the average of $2.60 has Kentucky joining Kansas, Oklahoma and Montana as the 11th least expensive...

National pump price for regular gasoline drops to $1.99 per gallon, cheapest average in four years

The national average for a gallon of regular gasoline dropped below $2 per gallon for the first time in four years. The national gas price average is $1.99. Here in Ohio the average is $1.63 with motorists able to find gas for less than $2/gallon at 99 percent of gas stations. AAA expects gas prices to push cheaper by at least another quarter in April. The decline is due to COVID-19’s chilling effect...

Kentucky’s average gas prices jump 20 cents over past week, experience largest price increase in nation

As gas prices rose in many areas across the country last week, Kentucky led the nation with the largest week-over-week rise in average gas price, jumping 20 cents. However, at $2.53, the current average in Kentucky for unleaded is still well below the $2.77 motorists were paying in Kentucky last year at this time. Despite the recent jump, Kentucky still has about the 17th cheapest average gas price...

AAA: Gas prices continue slight downward trend heading into fall; new season brings lower demand

Gas prices continue to trend lower, with half of all states seeing pump prices drop two cents on the week. The national average to push is cheaper by a penny, down to $2.56. Today’s average is 11 cents less than a month ago and 28 cents cheaper than a year ago. Kentucky’s downward trend in gas prices has been less dramatic of late. The average dropped just a penny this past week after making greater...