Kentucky gas prices up sharply from July

(The Center Square) – Gas prices in Kentucky remain among the cheapest in the country, but even the Bluegrass State is seeing the cost to fill up climb.

According to AAA, the average price for a gallon of regular unleaded was $3.502 in Kentucky Thursday. That was up more than five cents from Wednesday and nearly 30 cents higher than what motorists paid here a month ago.

The average price in Kentucky still remains significantly cheaper than the national average of $3.828. That is up 28.5 cents from this time in July.

AAA spokesperson Andrew Gross said the national average has plateaued for more than a week, and its uncertain which way prices will go.

“The summer heat that kept people home and suppressed refinery production has eased for now, so we have to look at the cost of oil to determine if the recent price climb is ending,” he said. “More expensive oil will likely lead to higher prices, so stay tuned.”

- Advertisement -

Further increases in gas costs could provide another blow for consumers, especially as the 12-month consumer price index for July showed prices of all goods have risen 3.2% from a year ago, with food costs up 4.9% over that timeframe.

While roughly $1.30 lower than the record high prices from June 2022, Kentuckians are still seeing prices similar to what they paid a year ago, when the average rate was $3.614.

Kentucky’s average is the eighth-lowest nationally, but AAA’s data shows a significant swing between the counties with the lowest and highest prices.

Bell County, in the state’s southeastern corner, has the lowest average price at $3.236. That is 16.5% cheaper than the cost in Jefferson County. Motorists in the state’s most populous county were paying, on average, $3.771 on Thursday.

Only one of Kentucky’s neighbors had a lower average price. Tennessee gas stations were charging $3.435, the fourth-lowest in the U.S. The price was $3.58 in West Virginia, while Ohioans paid $3.596. Indiana’s average was $3.744, and Illinois had the highest in the region at $4.056.

Nationally, California’s average price of $5.09 is the highest, while Mississippi’s $3.314 is the lowest cost.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Men of Color Expo – Celebrating Men of Excellence

Tinker Federal Credit Union & PPBC Present Men of Color...

Shreveport weighs tax lien updates to boost sales of blighted properties

(The Center Square) – Shreveport is considering amending its...

GOP candidate Bailey urges Trump to apologize to pope; bishop calls for dialogue

(The Center Square) – After President Donald Trump refused...

Everglades Restoration 5 years ahead of schedule

(The Center Square) – Everglades Restoration is on track...

Colorado Senate approves bill adding rules for gun stores

(The Center Square) – The Colorado Senate on Tuesday...

Los Angeles school district, unions praise new agreements

(The Center Square) - Politicians, school officials and union...

Commitee passes bill giving farmworkers menstrual products

(The Center Square) — Women who work in fields...

U.S. considers gas tax holiday as Canada moves ahead

(The Center Square) – Americans could soon pay more...

Louisiana budgets clear first hurdle with workforce spending, higher ed boosts

(The Center Square) – Louisiana’s spending proposals have begun...

More like this
Related

Shreveport weighs tax lien updates to boost sales of blighted properties

(The Center Square) – Shreveport is considering amending its...

GOP candidate Bailey urges Trump to apologize to pope; bishop calls for dialogue

(The Center Square) – After President Donald Trump refused...

Everglades Restoration 5 years ahead of schedule

(The Center Square) – Everglades Restoration is on track...

Colorado Senate approves bill adding rules for gun stores

(The Center Square) – The Colorado Senate on Tuesday...