A nonprofit publication of the Kentucky Center for Public Service Journalism

AAA: Kentucky sees second-largest drop in gas prices in nation; demand plummets to 12-week low

As demand dropped for a second week, so did gasoline supply levels – down nearly 3 million barrels to 231 million barrels. Despite consistently decreasing week-over-week, supplies remain at a 3 million barrels year-over-year surplus. “Typically lower supply levels translate into higher pump prices. However, even with consistent declines in gasoline stocks, that’s just not the case right now,”...

Kentucky sees third-largest drop in gas prices nationally in past week; low prices here to stay

Motorists saw plenty of savings at the pump from Memorial Day through Labor Day. The national gas price average during the unofficial start and stop to summer was $2.15 ― the cheapest since 2004. Demand was decimated this summer, which ultimately meant increased supply and cheap gas prices. That trend continues. In its latest report, the Energy Information Administration (EIA) reported that demand...

Gas price increases slow nationally as demand dips; Kentucky prices at pumps only a penny higher

After weeks of watching prices tick upward with the reopening of the economy, the rate at which gas prices are increasing across the country is slowing. Thirty states only saw an increase of a penny or two over the past week, including Kentucky, causing the national average to push more expensive by just three cents to $2.13 since last Monday. In Kentucky, the average for regular unleaded inched up...

Gasoline demand steadily increasing as pump prices climb, but costs remain mostly steady in Kentucky

Just like Americans across the country, Kentuckians are filling up at the pump more and more. Despite the increased demand, the Bluegrass saw only modest increases in the average gas price during the past week. That’s not been the story everywhere, however. The slow, but steady, rise in demand has pushed the national pump price more expensive by 13 percent since mid-May. Today’s national average...

Gas prices in downward spiral; Kentucky is sixth-lowest gas market in nation; no spike expected

With the average price at $1.43, Kentucky is the sixth-lowest gas market in the nation, as prices at the pump continue their downward spiral amidst weakened demand. Some Northern Kentucky gas stations had regular gasoline at $1.25 a gallon. “AAA forecasts that the national average will continue to decrease into next month, possibly dropping as low as $1.65,” said Lori Weaver Hawkins, public and...

Kentucky gas prices continue to be among cheapest in nation; demand is at lowest since 1968

With Monday’s price at $1.51 per gallon, Kentucky continues to be the fourth-lowest gas market in the nation. This is down from last week’s price of $1.58 and the previous month’s average of $2.08. In Lexington, the average gas price is down 7 cents to settle at $1.45 for regular unleaded, compared with $2.05 a month ago. Last year at this time, the average in Lexington was $2.75. Other local...

Kentucky, Indiana prices increase slightly as holiday travel week begins; Ohio gas prices hold steady

More than 100 million Americans are taking to the roadways to travel for the holidays, but that hasn’t had a large impact on gas prices. At the start of the work week, only about a dozen states including Kentucky, Indiana and Michigan are seeing more expensive gas prices with increases of less than a dime. Ohio gas prices are holding steady on the week to week. “AAA forecasts that 104 million Americans...

Gas prices stabilize nationally as demand becomes more seasonal; Kentucky average at $2.42

The average Kentucky gas price dropped a penny from yesterday, but remains 4 cents higher than a week ago. The modest fluctuations are reflective of more stable prices across the country, as demand becomes more seasonal. The current average gas price for Kentucky is currently $2.42, compared with $2.39 a month ago and $2.47 a year ago. The average price for Lexington dropped 3 cents from yesterday,...

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...

Kentuckians see early-summer savings at the pump; average price for regular unleaded gas down a dime

Kentuckians hitting the road for summer vacations are finding some good news at the pump. The average price for regular unleaded has dropped a dime since last week, settling at $2.54. Today’s average gas price in Kentucky is 25 cents less than it was a year ago. In Lexington, prices dropped 16 cents on the week, landing at $2.55. Prices for the metro averaged $2.69 one year ago. Nearly every...

AAA: Average gas price in Kentucky is up 9 cents, putting it in top ten in country for largest increase

The average gas price in Kentucky climbed 9 cents in the past week, putting it among the nation’s top 10 states for largest weekly increases. On the week, 28 states saw gas price averages increase by at least a nickel, pushing the national gas price average up 6 cents to land at $2.33. That is the largest one-week increase seen at the national level this year. In Lexington, the average gas price...

AAA: Gas prices edged upward across much of central U.S. during stretch of frigid weather

While most states saw gas prices trend lower to start off the first week in February, the average gas price of $2.10 for Kentucky is about 2 cents higher than a week ago following a price jump during the stretch of frigid weather. “Three-fourths of the country faced below-freezing temperatures last week. The forecast may have prompted many motorists to fill up early and often, ahead of the severe...

AAA: Kentucky average gas price now at 30 cents less than one year ago; increases possible

Kentucky’s average gas price dropped 10 cents in the past week to land at $2.06, among the greatest price drops in the nation over the past week. The current Kentucky average gas price is 30 cents less than a year ago. Nearly 20 percent of states are currently enjoying prices below $2.00 per gallon. Nationally, retail averages have dropped ­­­83 of the past 90 days. The national average for regular...

AAA: Cheapest December national gas price average in two years — welcome news for holiday travelers

At $2.37, the national gas price average continues to drive toward the cheapest pump prices seen during the month of December since 2016, which is welcome news for the millions of Americans expected to begin holiday travel later this week. “AAA expects 102 million Americans to drive to their holiday destination this year, which is a four percent increase year-over-year,” said Lori Weaver Hawkins,...

Gas prices continue to fall across Kentucky, but geopolitical concerns could mean big changes ahead

Gas prices are falling across the Bluegrass, but relief at the pump may not last if geopolitical concerns begin to impact crude oil prices. Kentucky’s average gas price is $2.67, dropping another 8 cents from last week and putting the Commonwealth fifth on the leaderboard for greatest fall in price, week over week. In Lexington, motorists welcomed another 12 cent drop in prices on the heels of last...

AAA reports gas prices at their highest for the year but starting to stall; switch to summer blend done

Gas prices in the region continue to climb, although the pace has slowed somewhat in the past few days. Local refiners wrapped up the switch to summer-blend gasoline, resulting in significant price increases over the last two weeks. The national average price for a gallon of regular unleaded gasoline is $2.42. This price is a penny more expensive than one week ago, 13 cents more than one month ago...