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Business and the Economy

Gas Prices Dip Below $2.90 in Parts of Kentucky

Stu Johnson

There are reports of gasoline prices under two dollars and 90 cents across parts of Kentucky.  The price per gallon has been dropping at a rapid pace with less demand and an ample supply.  Bluegrass AAA Spokesman Christopher Oakford says it's difficult to say how low prices will  go.  "You will see a wide variance in the price of gas.  I can't really comment on how far it will drop or how long it will continue to drop unfortunately because there are so many factors that affect the price, particularly of oil," said Oakford.

It's a pretty safe bet gas prices will remain steady this weekend throughout central Kentucky.   "I would hope so.  I would guess that would be right that we should see this weekend's gasoline prices are under $3.00 , but as I say it's a very, very volatile market," added Oakford.

Oakford says the state and metro average price per gallon has fallen more than $0.30 over the past month.?

Business and the Economykentuckygas pricesOctober 2014
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