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How gas prices have changed in Kentucky in the last week

Fear of an encroaching global recession and lower demand is causing a drop in gas prices, according to analysts. The price for a barrel of oil fell below $70 this week as those concerns have grown.

“We are also in a pre-summer driving season lull regarding domestic demand. These two factors should keep pump prices drifting lower for now,” AAA spokesperson Andrew Gross said in a statement Thursday.

A gallon of gas was $3.56 on average, according to AAA gas price data. Stacker compiled statistics on gas prices in Kentucky. Gas prices are as of May 5.

Kentucky by the numbers
– Current gas price: $3.31
– 1-week change: -$0.07 (-2.0%)
– 1-year change: -$0.62 (-15.7%)
– Record average gas price: $4.80 (6/11/22)

– Current diesel price: $3.97
– 1-week change: -$0.05 (-1.2%)
– 1-year change: -$1.21 (-23.4%)
– Record high average diesel price: $5.85 (6/20/22)

Metros with most expensive gas in Kentucky
#1. Louisville (KY only): $3.69
#2. Huntington-Ashland (KY only): $3.49
#3. Lexington: $3.33
#4. Bowling Green: $3.29
#5. Hopkinsville: $3.27
#6. Covington: $3.27
#7. Henderson: $3.25
#8. Elizabethtown-Fort Knox: $3.10
#9. Owensboro: $3.01

States with the most expensive gas
#1. California: $4.83
#2. Hawaii: $4.78
#3. Arizona: $4.70

States with the least expensive gas
#1. Mississippi: $3.04
#2. Texas: $3.10
#3. Louisiana: $3.14