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.
While the high cost of gas hurts most consumers, Kentucky's agriculture commissioner says farmers are especially hard-hit. James Comer says fuel costs impact every part of food production, leaving farmers with little recourse when gas prices spike.
Gas prices are getting ready to go up again in Kentucky. On July 1, the state's gas tax will increase 2.1 cents per gallon. That means motorists will be paying nearly 30 cents in Kentucky taxes for each gallon they purchase. The increase is automatic because the state's tax is tied to the average cost of wholesale gas, which has been rising.