Gas prices fell again this week in south western Kentucky, down nine cents per gallon from the last seven days — down to $3.22.
That’s according to the AAA East Central Gas Price Report, which indicated prices last week were thereabouts of $3.31 in and around Trigg, Christian, Todd and Caldwell counties.
This week last year, it was around $3.45 a gallon.
For Caldwell County, it’s $3.19 in Fredonia, and between $3.19 and $3.25 in Princeton.
For Christian County, it’s between $2.84 and $3.09 in Hopkinsville, and $2.99 in Fort Campbell.
For Crittenden County, it’s $3.27 in Marion.
For Hopkins County, it’s $2.81 in Nortonville, around $2.87 and $2.94 in Hanson, and between $2.99 and $3.09 in Madisonville.
For Lyon County, it’s $3.15 in Eddyville, and between $3.19 and $3.31 in Kuttawa.
For Todd County, it’s $3.27 in Guthrie.
And for Trigg County, it’s between $3.19 and $3.49 in Cadiz.
Other points of local interest: it’s between $2.99 and $3.09 in Murray, it’s $3.11 in Calvert City, and it’s between $3.14 and $3.19 in Benton.
Regionally, it’s $3.02 in Elizabethtown, $3.08 in Owensboro, $3.23 in Paducah, $3.33 in Bowling Green and $3.45 in Louisville.
Declination in pump prices has accelerated since last week. The national average fell 11 cents per gallon to $3.70, as slack demand and the lower cost of oil at $85 per barrel push downward on petroleum.
Today’s national average is 12 cents less than a month ago, and 21 cents less than a year ago.
At the close of last Wednesday’s formal trading session, West Texas Intermediate decreased by $5.01 to settle at $84.22. Oil prices fell sharply due to rising market concern that if interest rates continue to increase, the economy could tip into a recession. If a recession occurs, crude demand and prices would likely further drop.
