West Central KY Gas Prices Increase 8 Cents

https://us.vocuspr.com/Publish/519775/vcsPRAsset_519775_105650_6cedf1fd-d3b9-46aa-8c17-74c4c796a240_0.jpg

West Central KY Gas Prices Increase 8 Cents

(May 16, 2016) -- West Central Kentucky gas prices have gone up 8 cents to $2.192 a gallon, according to AAA East Central’s Fuel Gauge report. The national average is $2.222.

West Central Kentucky average price last week:

$ 2.111

Average price during the week of May 18, 2015:

$ 2.525

The following is a list of the average price of unleaded self-serve gasoline in various areas: 

$2.056

Bowling Green

$2.187

Elizabethtown

$2.398

Louisville

$2.181

Owensboro

$2.112

Paducah

On the National Front

The national average price of gasoline increased slightly over the past week, and it is likely that prices are heading for a new 2016 high in the coming days. Gas prices are rising due to more expensive crude oil costs brought about by wildfires in Canada and supply disruptions in other oil-producing countries. Today’s average price of $2.22 per gallon for regular unleaded gasoline represents an increase of 11 cents per gallon on the month, though drivers continue to enjoy a substantial year-over-year discount of 48 cents per gallon. 

Global oil prices began this week pointed higher as market watchers continue to evaluate how recent supply disruptions may impact the glut of global crude oil. This includes the impact of wild fires in Canada and ongoing issues in the Middle East, North Africa, Nigeria and Venezuela. At the close of Friday’s formal trading session on the NYMEX, West Texas Intermediate crude oil was down 49 cents on the day, but up several dollars per barrel on the week to settle at $46.21.

-AAA-

AAA East Central is a not-for-profit association with 83 local offices in Kentucky, New York, Ohio, Pennsylvania and West Virginia serving 2.7 million members. 

______________________
If you would rather not receive future communications from AAA East Central, please go to http://AAAEC.pr-optout.com/OptOut.aspx?519775x25590x82068x2x472868x24000x6&Email=submit%40theautochannel.com.
AAA East Central, 5900 Baum Blvd, Pittsburgh, PA 15206 United States