Gas prices in West Central Kentucky are 17 cents lower this week at $3.473 per gallon, according to AAA East Central’s Gas Price Report.
Nationwide Trends:
The national average for a gallon of regular gasoline has fallen nine cents over the past week to $4.00. Crude oil prices are currently in the $80 per barrel range as uncertainty remains about when the Strait of Hormuz will resume normal operations. As of today, more than half of states are paying below $4 per gallon on average. Gas prices typically start going down this time of year, as many schools and universities begin fall semesters, and fewer people are taking road trips compared to earlier in the summer.
According to new data from the Energy Information Administration (EIA), gasoline demand decreased slightly last week from 9.04 million barrels per day to 9.03 million. Total domestic gasoline supply decreased from 211.3 million barrels to 209.7 million. Gasoline production also decreased, averaging 9.6 million barrels per day.
At the close of Wednesday’s formal trading session, West Texas Intermediate fell 55 cents to settle at $75.22 a barrel. The EIA reports that crude oil inventories increased by 2.5 million barrels from the previous week. At 407 million barrels, U.S. crude oil inventories are about 6% below 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 42 cents.
West Central Kentucky Averages
|
Today |
One Week Ago |
One Year Ago |
Record Price Date |
Record Price |
|
$3.473 |
$3.642 |
$2.876 |
6/13/2022 |
$4.742 |
The average price of unleaded self-serve gasoline today in various areas:
$3.471 Bowling Green
$3.467 Elizabethtown
$3.405 Louisville
$3.471 Owensboro
$3.549 Paducah
Quick Gas and Electricity Stats
Gas
The nation’s top 10 most expensive gasoline markets are California ($5.60), Hawaii ($5.45), Washington ($5.14), Alaska ($4.78), Nevada ($4.76), Oregon ($4.66), Idaho ($4.35), Arizona ($4.32), Utah ($4.30), and Illinois ($4.24).
The nation’s top 10 least expensive gasoline markets are Indiana ($3.48), South Carolina ($3.52), Texas ($3.54), Tennessee ($3.55), Oklahoma ($3.56), Kentucky ($3.57), Louisiana ($3.57), Mississippi ($3.59), Arkansas ($3.62), and Alabama ($3.62).
Electric
The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (52 cents), Hawaii (51 cents), Alaska (50 cents), California (47 cents), New Hampshire (47 cents), Louisiana (46 cents), New Jersey (45 cents), Illinois (45 cents), Arkansas (45 cents), and North Dakota (44 cents).
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (31 cents), Missouri (32 cents), Iowa (33 cents), Utah (34 cents), Maryland (34 cents), South Dakota (35 cents), Nebraska (35 cents), Vermont (36 cents), New Mexico (37 cents), and Minnesota (38 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 Twitter, Instagram 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.