Nationwide Trends:
The national average for a gallon of regular exceeded $4/gallon this past week for the first time since August 2022. Today’s average of $4.11 is 12 cents higher than last week and 80 cents higher than a month ago. Crude oil prices have been surging, surpassing $100/barrel, as the conflict in the Middle East continues and the Strait of Hormuz remains closed. In 2022, gas prices remained elevated from March through August, peaking in June when the national average reached a record of $5/gallon for one week.
According to new data from the Energy Information Administration (EIA), gasoline demand decreased last week from 8.92 million barrels per day to 8.68 million. Total domestic gasoline supply decreased from 241.4 million barrels to 240.9 million. Gasoline production decreased last week, averaging 9.6 million barrels per day.
At the start of today’s formal trading session, West Texas Intermediate opened at $112.32 a barrel. The EIA reports crude oil inventories increased by 5.5 million barrels from the previous week. At 461.6 million barrels, U.S. crude oil inventories are about 0.1% above the five-year average for this time of year.
The national average per kilowatt hour of electricity at a public EV charging station stayed the same this past week at 41 cents.
West Central Kentucky Averages
|
Today |
One Week Ago |
One Year Ago |
Record Price Date |
Record Price |
|
$3.925 |
$3.692 |
$2.776 |
6/13/2022 |
$4.742 |
The average price of unleaded self-serve gasoline today 04/07 in various areas:
$3.97 is the Kentucky state Average
$3.98 – Wayne County
$4.03 – Pulaski County
$3.99 – Russell County
$3.99 – McCreary County
$3.97 – Clinton County
$3.98 Bowling Green
$3.98 Elizabethtown
$3.95 Louisville
$3.84 Owensboro
$3.85 Paducah
Quick Gas and Electricity Stats
Gas
The nation’s top 10 most expensive gasoline markets are California ($5.89), Hawaii ($5.50), Washington ($5.36), Oregon ($4.96), Nevada ($4.94), Arizona ($4.68), Alaska ($4.59), Idaho ($4.26), Illinois ($4.26), and Florida ($4.23).
The nation’s top 10 least expensive gasoline markets are Oklahoma ($3.27), Kansas ($3.33), Nebraska ($3.42), North Dakota ($3.43), Iowa ($3.48), Missouri ($3.48), South Dakota ($3.52), Arkansas ($3.52), Minnesota ($3.54), and Georgia ($3.70).
Electric
The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (53 cents), Hawaii (51 cents), Alaska (49 cents), New Hampshire (47 cents), Louisiana (47 cents), California (46 cents), South Carolina (46 cents), New Jersey (45 cents), Arkansas (44 cents), and Nevada (43 cents).
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (29 cents), Missouri (32 cents), Utah (33 cents), Nebraska (33 cents), Iowa (33 cents), Maryland (33 cents), Vermont (34 cents), South Dakota (35 cents), Delaware (36 cents), and New Mexico (37 cents).