After a month of fluctuation, gas price averages in west central Kentucky took a nickel dip this week, dropping to $3.40 for this seven-day stretch.
It’s $3.36/gallon in Bowling Green, $3.26 in Elizabethtown, $3.83 in Louisville, $3.24 in Owensboro and $3.32 in Paducah.
This time last year, however, the average price was just above $3.06.
The national gasoline average also slid three cents this week, falling to $3.77. That’s 13 cents less than a month ago, but still 36 cents higher than November 15, 2021.
At Friday’s close of the markets, West Texas Intermediate rose $2.49 a barrel to nearly $89, which AAA officials attributed to a softening dollar. Prices had dropped earlier last week, however, when the Energy Information Administration reported domestic commercial crude stocks had increased by 4 million barrels.
As the nation approaches the Thanksgiving holiday, demand will only increase.