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Gas Prices Still Falling; Forecast to Continue
By West Kentucky Star Staff
PADUCAH, KY - Gasoline prices in Kentucky fell 2 cents per gallon in the past week, averaging $2.27 Sunday, compared with the national average that has fallen 2 cents to $2.44, according to gasoline price website GasBuddy.com.

Kentucky prices yesterday were 12 cents per gallon higher than the same day one year ago, but 13 cents lower than a month ago. 

In Paducah, prices ranged from $2.09 to $2.24 a gallon.

"The national average gas price is lower for the sixth straight week, the longest such decline since summer 2016," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"The national average has now remained under $3 per gallon for nearly 3 years. While recent actions from OPEC may cause oil prices to hold above the $50 per barrel level, there is no threat of a quick return to the $3 per gallon days. In fact, the national average may continue to decline for a few weeks before leveling off as gasoline inventories continue to heal after Hurricane Harvey," DeHaan added.



On the Net:

Click HERE for the latest gas prices in your area


Published 09:33 AM, Monday Oct. 23, 2017
Updated 06:13 PM, Tuesday Oct. 24, 2017

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