AAA: Gas Prices Tumble in Western Kentucky

Gas prices in West Central Kentucky are 14 cents lower this week at $3.867 per gallon, according to AAA East Central’s Gas Price Report.

Nationwide Trends:
The national average for a gallon of regular gasoline decreased eight cents over the past week to $4.04. The price for a barrel of crude oil has continued to trade below $100 over the past week, opening this morning at $88 per barrel. The status of maritime traffic moving through the Strait of Hormuz remains an issue as regional tensions persist. Today’s national average is 13 cents more than a month ago and 89 cents more than a year ago.
 

According to new data from the Energy Information Administration (EIA), gasoline demand increased last week from 8.56 million barrels per day to 9.08 million. Total domestic gasoline supply dropped from 239.3 million barrels to 232.9 million. Gasoline production increased last week, averaging 9.8 million barrels per day.

 

At the close of Wednesday’s formal trading session, West Texas Intermediate rose 0.01 cent to settle at $91.29 a barrel. The EIA reports crude oil inventories decreased by 0.9 million barrels from the previous week. At 463.8 million barrels, U.S. crude oil inventories are about 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
$3.867 $4.005 $2.652 6/13/2022 $4.742

 

The average price of unleaded self-serve gasoline today in various areas:      

$3.889        Bowling Green
$3.904        Elizabethtown
$4.013        Louisville
$3.775        Owensboro
$3.773        Paducah

Quick Gas and Electricity Stats

Gas

The nation’s top 10 most expensive gasoline markets are California ($5.86), Hawaii ($5.65), Washington ($5.38), Oregon ($4.92), Nevada ($4.95), Alaska ($4.64), Arizona ($4.63), Illinois ($4.35), Idaho ($4.33), and Washington, DC ($4.27).

 

The nation’s top 10 least expensive gasoline markets are Oklahoma ($3.43), Kansas ($3.50), North Dakota ($3.61), Nebraska ($3.62), Iowa ($3.63), Arkansas ($3.64), Missouri ($3.66), Georgia ($3.66), South Dakota ($3.68), and Minnesota ($3.69).

 

Electric

The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (53 cents), Hawaii (51 cents), Alaska (50 cents), Louisiana (47 cents), New Hampshire (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 (32 cents), Nebraska (33 cents), Maryland (33 cents), Iowa (34 cents), South Dakota (35 cents), Vermont (35 cents), New Mexico (36 cents) and Delaware (37 cents).

                                                                                             

AAA East Central is a not-for-profit association with 69 local offices in Kentucky, New York, Ohio, Pennsylvania and West Virginia serving 2.7 million members. Follow us on TwitterInstagram and Facebook. AAA East Central provides services to its members including Automotive, Insurance, Discounts & Rewards, Financial, and Travel. Find out more about AAA Membership and current savings here.