AAA: Gas Prices Rise Above $4 in Western Kentucky

Gas prices in West Central Kentucky are 41 cents higher this week at $4.175 per gallon, according to AAA East Central’s Gas Price Report.

Nationwide Trends:
After ticking down for nearly two weeks, gas prices are going back up again with the national average seeing a 34-cent hike in one week. The national average is $1.29 higher than it was this time last year, as oil prices surge above $100/barrel with no indication of when the Strait of Hormuz will reopen. Gas prices are the highest they’ve been in four years, since late July 2022.

 

According to new data from the Energy Information Administration (EIA), gasoline demand increased last week from 9.05 million barrels per day to 9.10 million. Total domestic gasoline supply decreased from 228.4 million barrels to 222.3 million. Gasoline production decreased last week, averaging 9.8 million barrels per day.

 

At the close of Wednesday’s formal trading session, West Texas Intermediate rose $6.95 to settle at $106.88 a barrel. The EIA reports crude oil inventories decreased by 6.2 million barrels from the previous week. At 459.5 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 went up by one cent this past week to 41 cents.

 

West Central Kentucky Averages

Today One Week Ago One Year Ago Record Price Date Record Price
$4.175 $3.768 $2.717 6/13/2022 $4.742

 

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

$4.163        Bowling Green
$4.164        Elizabethtown
$4.194        Louisville
$4.163        Owensboro
$4.190        Paducah

Quick Gas and Electricity Stats

Gas

The nation’s top 10 most expensive gasoline markets are California ($6.01), Hawaii ($5.64), Washington ($5.57), Oregon ($5.15), Nevada ($5.12), Alaska ($4.92), Arizona ($4.67), Illinois ($4.66), Michigan ($4.58), and Ohio ($4.46).

 

The nation’s top 10 least expensive gasoline markets are Oklahoma ($3.70), Kansas ($3.75), Georgia ($3.75), Mississippi ($3.77), Arkansas ($3.79), Louisiana ($3.80), Missouri ($3.83), North Dakota ($3.84), Texas ($3.85), and Alabama ($3.86).

 

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 Illinois (44 cents).

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (29 cents), Missouri (31 cents), Utah (32 cents), Maryland (33 cents), Nebraska (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.