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Gas prices fall 15.4 cents per gallon in Louisville. Here's why.

The average price for a gallon of gas in Louisville is about $3.29.

LOUISVILLE, Ky. — Editor's Note: The video in the player first aired in March 2024.

Motorists may begin to feel relief at the pump.

Average gasoline prices in Louisville have decreased by 15.4 cents per gallon last week, according to GasBuddy’s daily survey of 644 stations across Louisville.

The prices are 38.8 cents lower per gallon compared to a month ago and 33 cents per gallon lower than a year ago. The cheapest station in Louisville on Sunday was about $2.71 a gallon, while the most expensive was priced at $3.99.

The national average rose 0.3 cent per gallon last week to $3.41. The national average for diesel fuel has risen 2.4 cents to $3.76.

"With summer now officially here, we've seen the national average price of gasoline holding most steady compared to last week, with some states seeing their traditional price cycling every couple of weeks, while others have seen prices slowly slip," Patrick De Haan, head of petroleum analysis at GasBuddy, said.

"For now, gasoline prices may see little movement ahead of July 4 as oil prices have risen above $80. But the good news is that instead of the national average jumping to follow the rising price of oil, it's holding steady. The bummer is that the decreases we hoped for will have to wait, thanks to oil's climb."

Statewide, the lowest price on Sunday was $2.59 while the highest was about $3.99.

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