AAA: Kentucky Gas Prices Fall; Crude Prices Drop Over the Weekend

Gas prices in West Central Kentucky are four cents lower this week at $2.997, according to AAA East Central’s Gas Price Report.

This week’s average prices: Western Central KY Average                   $2.997
Average price during the week of November 22, 2021                          $3.032
Average price during the week of November 30, 2020                          $1.918 
 

Average prices of unleaded self-serve gasoline in various areas: 

$3.053        Bowling Green
$2.937        Elizabethtown
$3.074        Louisville
$2.973        Owensboro
$2.947        Paducah

Trend Analysis:

The national average price of gasoline today is $3.39, which is a penny less than one week ago and $1.27 more than a year ago.

Upon news of the COVID-19 Omicron variant on Friday, crude oil prices fell by $10.24 to settle at $68.15 (West Texas Intermediate). Global prices fell on demand concerns and travel restrictions announced in America and elsewhere. With little known about the new variant, it’s unclear at this point what long-term impact it may have on crude prices.

Before news of the new variant, the Energy Information Administration’s weekly report revealed domestic crude supply increased by 1 million barrels to 434 million barrels.

Motorists can find current gas prices nationwide, statewide, and countywide at GasPrices.AAA.com.