Gas prices in West Central Kentucky increased by three cents this week to $2.181 per gallon, according to AAA East Central’s Gas Price Report.
On the National Front
Today’s national average is $2.34/gallon. This price is a penny cheaper than one week ago, seven cents less than a month ago, but +12 cents more than a year ago. The latest Energy Information Association (EIA) report shows that gasoline demand increased by 252,000 barrels on the week. Despite the jump in demand, the continued oversupply of gasoline caused prices in most parts of the country to drop or remain steady with the exception of some states in the Great Lakes and Central regions, where prices increased by a penny or more.
In coming weeks, the onset of summer travel is likely to increase demand which might help dip into high gasoline stocks; however, it may not be enough demand to increase prices significantly.
When it comes to local averages for one gallon of regular unleaded, Smiths Grove and Bowling Green are tied for the lowest price, both are at $2.07 per gallon. Brownsville is at $2.18, Horse Cave and Cave City are a penny higher at $2.19. Glasgow and Edmonton are both averaging $2.22 and Tompkinsville is at $2.28. Coming in with the highest area average is Scottsville where motorists are paying an average of $2.29 per gallon.