How gas prices have changed in Lexington in the last week

Gasoline prices continued to climb this week, up about an average of 7 cents across the United States. Prices are at their highest point since October 2023.

Oil markets have been hit with a number of disruptions this year. Earlier this month, nations within the Organization of the Petroleum Exporting Countries—including Saudi Arabia, the United Arab Emirates, Kuwait, and Russia—announced they would cut oil production to prop up prices.

Recent attacks on Russian refineries by Ukrainian forces have hurt oil production. In a recent blog post, GasBuddy analyst Patrick De Haan noted that these attacks could force Russia to buy oil from the market, putting further pressure on prices.

Gasoline prices often follow a seasonal pattern, with demand picking up in the spring. This, combined with the recent supply disruptions, mean that prices could continue to rise in the immediate future.

Stacker compiled statistics on gas prices in Lexington, KY metro area using data from AAA. Gas prices are current as of March 25.

Lexington by the numbers
– Gas current price: $3.26
— Kentucky average: $3.28
– Week change: +$0.23 (+7.4%)
– Year change: +$0.10 (+3.2%)
– Historical expensive gas price: $4.79 (6/10/22)

– Diesel current price: $3.80
– Week change: -$0.02 (-0.6%)
– Year change: -$0.26 (-6.5%)
– Historical expensive diesel price: $5.92 (6/20/22)

Metros with the most expensive gas
#1. Lihue (Kauai), HI: $5.20
#2. San Francisco, CA: $5.16
#3. San Rafael, CA: $5.14

Metros with the least expensive gas
#1. Colorado Springs, CO: $2.94
#2. Denver, CO: $2.99
#3. Tyler, TX: $3.00

This story features writing by Wade Zhou and is part of a series utilizing data automation across 371 metros.