WKU Public Radio News Staff
Fri October 18, 2013
Kentucky Gas Prices Falling, But Still Slightly Higher Than National Average
The average price for a gallon of gas in Kentucky stands at $3.40 a gallon of regular, according to AAA East Central. That’s about four cents higher than the national average. But drivers across the commonwealth are seeing a fairly dramatic swing in prices – $3.05 in some places to $3.55 in others. AAA’s Roger Boyd with says that difference is caused by several factors.
“Basically what we see is what the market will bear [with] pricing and also with specific issues dealing with what refinery delivers to which area of the state,” said Boyd.
He says barring any unforeseen world events, gas prices should hold steady or drop slightly as we continue through the fall.
“We’re going to be a little bit optimistic. We’ve already seen the price-per-barrel coming down a little bit after the agreement [to fully re-open the federal government] was met. We’re also forecasting some pretty adequate supply and sort of a flat demand throughout the rest of the fall as we head into the winter.”
Tennessee’s average is well below the national average at $3.18 a gallon, while Indiana is at $3.45.