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Local Gas Prices Approach $2 Mark

Local Gas Prices Approach $2 Mark
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By West Kentucky Star Staff
Aug. 31, 2015 | PADUCAH, KY
By West Kentucky Star Staff Aug. 31, 2015 | 09:53 AM | PADUCAH, KY
The next time you fill up your tank, you might be paying less than two dollars for each gallon of gas.

Average retail gasoline prices in Kentucky have fallen 16 cents per gallon in the past week, according to GasBuddy.com. That brings the state average down to $2.35 a gallon, compared to the national average of $2.47 a gallon, down 13 cents.

Prices on Monday were as low as $2.01 in Murray, and $2.08 in Paducah.

"Nationally, gas prices saw their largest weekly drop of the year," said Patrick DeHaan, GasBuddy senior petroleum analyst. "The national average now stands at its lowest point since April, a fitting way to close out the summer driving season with Labor Day approaching. 

"Since June 30, oil prices have fallen 23% while retail gasoline prices have fallen about half that amount, so gasoline prices will move lower again this week," DeHaan said.

On the Net:

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