How gas prices have changed in Lexington in the last week
Published 5:52 pm Monday, March 18, 2024
How gas prices have changed in Lexington in the last week
Gasoline prices continue to rise this week in line with seasonal trends. It’s the third-straight week prices at the pump have risen on average, according to a GasBuddy analysis.
“For now, gas prices will likely continue to trend higher, but the fever may break soon,” GasBuddy analyst Patrick De Haan said in a statement Monday. Major refineries in the U.S. are coming back online after periods of maintenance, De Haan also said, which could help moderate rising prices.
But the seasonal increase in demand for travel and switchover to more expensive summer fuel blends is also running up against conflict in shipping corridors spurred by the war in Gaza, extended production cuts announced by the Organization of the Petroleum Exporting Countries, and fresh sanctions on Russian oil leading experts to warn prices could rise even higher in the coming months.
Stacker compiled statistics on gas prices in Lexington, KY metro area using data from AAA. Gas prices are current as of March 18.
Lexington by the numbers
– Gas current price: $3.04
— Kentucky average: $3.14
– Week change: -$0.04 (-1.3%)
– Year change: -$0.14 (-4.4%)
– Historical expensive gas price: $4.79 (6/10/22)
– Diesel current price: $3.83
– Week change: -$0.00 (-0.1%)
– Year change: -$0.25 (-6.2%)
– Historical expensive diesel price: $5.92 (6/20/22)
Metros with the most expensive gas
#1. Lihue (Kauai), HI: $5.20
#2. San Luis Obispo-Atascadero-Paso Robles, CA: $5.07
#3. San Francisco, CA: $5.06
Metros with the least expensive gas
#1. McAllen-Edinburg-Mission, TX: $2.88
#2. Casper, WY: $2.88
#3. Brownsville-Harlingen, TX: $2.89
This story features writing by Dom DiFurio and is part of a series utilizing data automation across 371 metros.