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Gas Prices Should Continue Dropping into Summer

Gas Prices Should Continue Dropping into Summer
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By Bill Hughes
May. 12, 2014 | PADUCAH, KY
By Bill Hughes May. 12, 2014 | 05:19 PM | PADUCAH, KY
Trips to gas stations in Kentucky and in the Paducah area are gradually getting less painful.

Gas Buddy.com Senior Petroleum Analyst Patrick DeHaan detailed the change, saying, "Across Paducah, about a three-cent drop in the last week. Prices on the low side at $3.45, lots of stations at $3.49, some into the $3.50's, but by and large, motorists out there that use GasBuddy can find gas at $3.45."

DeHaan said local prices dropped more than the national average, which only fell by 1.8 cents. But today's prices are still about 14 cents higher than a year ago.

Now that most refineries are finished with spring maintenance, supply is up, and summer blend gasoline is now being distributed everywhere, so DeHaan said prices are trending down. The good news for drivers is that prices should continue to drop for the next couple of months.

"I would expect that what we will see in Paducah is perhaps slow decreases over the next week or two, but then the decreases should pick up into early June. By July 4 we could see prices in the $3.20's," DeHaan said.

On the Net:

GasBuddy.com prices for Paducah
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