Good news for Memorial Day travelers: gas prices dropped by 13 cents on average in Kentucky, according to AAA East Central’s Gas Price Report.
According to the report, the average price of a gallon of gas in Kentucky this week is $3.23. That’s down from $3.36 a gallon from last week and dead even with the average price from one year ago.
Here are the average prices of unleaded, self-serve gasoline around the state:
$3.27 Bowling Green
$3.15 Elizabethtown
$3.50 Louisville
$3.05 Owensboro
$3.17 Paducah
According to AAA, the national average for a gallon of gasoline continues to trend downward, falling two cents to $3.59. The travel agency says it’s primarily because of weak domestic demand and oil costs falling below $80 a barrel. The current national average is eight cents less than a month ago but five cents more than a year ago.
New data from the Energy Information Administration show gas demand rose modestly from 8.79 million barrels per day to 8.87 last week. AAA says “lackluster” pre-Memorial Day demand and steady or falling oil prices are contributing to lower pump prices.
You can find the lowest gas prices near you using our gas tracker in Louisville, Lexington, Bowling Green and northern Kentucky.