West Central KY Gas Prices Decrease Again
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West Central KY Gas Prices Decrease Again
West Central Kentucky gas prices are lower by 8 cents this week decreasing to $2.147 a gallon, according to AAA East Central’s Fuel Gauge report. The national average is $2.241.
On the National FrontÂ
The national average price for regular unleaded gasoline has dropped for nine consecutive days, reaching today's price of $2.24 per gallon. Today's average price represents a decrease of two cents per gallon compared to one week ago, but remains five cents more than last month. However, drivers across the country continue to see savings at the pump and are paying an average of three cents less per gallon year-over-year.
Prices continue to wobble as areas of the country impacted by Hurricane Matthew work to replenish supply and several refineries across the country address planned and unplanned facility maintenance.
Crude oil contracts continued to react to last month's announcement that OPEC was working on a plan to cut production. While the market increased briefly by the end of last week, crude oil prices had dipped back to less than $51 per barrel as a result of continued skepticism about both the plausibility of a plan being agreed to and the implementation of a production freeze. Traders will continue to watch discussions surrounding the upcoming November meeting. At the close of Friday’s formal trading session on the NYMEX, West Texas Intermediate was down 9 cents to settle at $50.35 per barrel.
This week’s average prices: Western Central KY Average        $2.147
Average price during the week of October 10, 2016             $2.221
Average price during the week of October 19, 2015 Â Â Â Â Â Â Â Â Â Â Â $2.093
The following is a list of the average price of unleaded self-serve gasoline in various areas:Â
$2.235Â Â Â Â Bowling Green
$2.111Â Â Â Â Elizabethtown
$2.232Â Â Â Â Louisville
$2.070Â Â Â Â Owensboro
$2.089Â Â Â Â Paducah
Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad and Android. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance. Learn more at AAA.com/mobile.
AAA East Central is a not-for-profit association with 82 local offices in Kentucky, New York, Ohio, Pennsylvania and West Virginia serving 2.7 million members.
For More Information, Contact: Herman Jenkins, Director of Public Affairs
at (412)365-7278 or Jenkins.Herman@aaaec.com
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