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Louisville gas prices slump for sixth-straight week. Here's how much gas is now

The national average could fall below $3 for the first time since 2021, according to a GasBuddy analyst.
Credit: coreyfrey - stock.adobe.com

LOUISVILLE, Ky. — Miraculously, gas prices in Louisville have dropped for the sixth week in a row, their lowest cost since winter.

Average gasoline prices in Louisville have gone down 12.2 cents per gallon last week, averaging $3.02 per gallon, according to GasBuddy’s daily survey of 644 stations across Louisville.

The prices are 37.5 cents lower per gallon compared to a month ago and are 57.8 cents lower compared to a year ago. The cheapest station in Louisville on Sunday was about $2.65 a gallon, while the most expensive was priced at $3.79.

The national average has fallen about 7.2 cents per gallon last week to $3.22. The national average for diesel fuel has fallen 4.5 cents to $3.62.

“Impressively, for the sixth straight week, gas prices have dropped to their lowest since winter. GasBuddy now counts 11 states and over 45,000 stations with gas prices below $3 per gallon,” Patrick De Haan, head of petroleum analysis at GasBuddy, said.

“We fully expect gas prices will continue to drop as Americans drive less with the onset of fall. With oil prices falling below $70 per barrel, their lowest since 2021, there’s solid room for gas prices and diesel to continue falling for some time. We expect the national average could fall below $3 per gallon as early as October for the first time since 2021, which would be music to the ears of motorists and certainly to politicians who are angling to be elected this fall.”

Statewide, the lowest price on Sunday was $2.44 while the highest was about $3.79.

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