LOUISVILLE, Ky. — Louisville drivers are enjoying a small relief at the pump for the third week in a row.
Average gasoline prices in Louisville have gone down 2.4 cents per gallon last week, averaging $2.79 per gallon, according to GasBuddy’s daily survey of 644 stations across Louisville.
The average cost of gas statewide has fallen 1.6 cents per gallon last week. Kentucky gas prices are 11.8 cents per gallon lower compared to a month ago and are 32.6 cents lower compared to a year ago. The cheapest station in Kentucky on Sunday was about $2.31 a gallon, while the most expensive was priced at $3.59.
The national average has fallen about 2.2 cents per gallon last week to $3.05. The national average for diesel fuel has fallen 1.3 cents to $3.52.
"Seasonal trends continue to push down gasoline prices across much of the country, with GasBuddy counting 26 states where average gas prices have fallen below $3 per gallon—something that could be less than a week away for the national average," Patrick De Haan, head of petroleum analysis at GasBuddy, said.
"While much of the attention this week will be on the election and how it could potentially change the trajectory of the nation, gasoline prices are likely to be a gift to the next president, staying much lower than in previous years when COVID and Russia's war on Ukraine caused a surge that’s unlikely to repeat, no matter who wins the election. For now, Americans can expect the downward trend to continue in most states, while other states have seen prices jump temporarily due to a behavior we track called price cycling. We should see the number of states with sub-$3-per-gallon prices grow as we get closer to Thanksgiving."
