How gas prices have changed in Lexington in the last week

Gas prices are a few cents lower than a week ago and almost 10 cents lower than they were at this time last year. Low summer demand, a drop in oil prices, and record levels of oil production in the U.S. are contributing to that trend.

Prices are trending higher in some Midwestern states, however, partially due to a power outage at a refinery in Illinois, according to GasBuddy analyst Patrick De Haan. Refinery owner Exxon hasn’t said when it could be back online.

“We’ve often said how critical refineries are, and with a long power outage, we’re seeing the impact very quickly, but relief will eventually arrive,” De Haan said in a statement Monday. “For now, as we approach the end of summer vacations, I’m hopeful gas prices will continue to edge slightly lower in the week ahead.”

Stacker compiled statistics on gas prices in Lexington, KY metro area using data from AAA. Gas prices are current as of July 22.

Lexington by the numbers
– Gas current price: $3.23
— Kentucky average: $3.25
– Week change: -$0.12 (-3.5%)
– Year change: -$0.04 (-1.4%)
– Historical expensive gas price: $4.79 (6/10/22)

– Diesel current price: $3.60
– Week change: -$0.04 (-1.0%)
– Year change: -$0.17 (-4.4%)
– Historical expensive diesel price: $5.92 (6/20/22)

Metros with the most expensive gas
#1. Lihue (Kauai), HI: $5.25
#2. San Luis Obispo-Atascadero-Paso Robles, CA: $4.97
#3. Santa Rosa, CA: $4.93

Metros with the least expensive gas
#1. Lubbock, TX: $2.90
#2. San Angelo, TX: $2.90
#3. Amarillo, TX: $2.90

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

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