Rolling into the 2024 General Election this week, gas prices in west central Kentucky are four cents lower per gallon this week than last — down to $2.63.
That’s according to the AAA East Central Gas Price Report, which also noted this time last year, gas prices in the southern Pennyrile were around $2.98/gallon.
Averages in the News Edge listening area include:
+ $2.80 a gallon in Trigg County
+ $2.67 a gallon in Christian County
+ $2.63 a gallon in Todd County
+ $2.58 a gallon in Hopkins County
+ $2.91 a gallon in Caldwell County
+ $2.72 a gallon in Lyon County
+ And $2.65 a gallon in Marshall County
For heavy metropolitan areas in the Commonwealth, it’s $2.58 in Bowling Green, $2.60 in Elizabethtown, $2.87 in Louisville, $2.52 in Owensboro, and it’s $2.61 in Paducah.
The national average for a gallon is also down three cents over the past week to $3.10.
AAA is attributing lower oil costs and “tepid domestic gasoline demand” are the primary reasons from trimmed prices, and today’s national average is eight cents less than a month ago, and 32 cents less than a year ago.
At the close of last Wednesday’s trading session, West Texas Intermediate rose by $1.40 to settle at $68.61 a barrel.
At 425.5 million barrels, U.S. crude oil inventories are roughly 4% below the five-year average for this time of year.