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Triple A Says Crude Price Fell, But Demand Drives Higher Prices In Kentucky And The U.S.

In Lexington, the average per gallon price sits a penny higher than the state average. Today’s national average of $3.19 is the highest price in 2021.
Stu Johnson
In Lexington, the average per gallon price sits a penny higher than the state average. Today’s national average of $3.19 is the highest price in 2021.

Even with school coming back in session across many parts of Kentucky, it’s still a busy vacation period. Gasoline prices have been going up this summer.

Triple A reports crude oil prices dropped below $70 a barrel at the end of last week. It was deemed a reaction to Delta variant concerns, growing coronavirus case numbers overall, and the possibility of lockdowns globally.

Still, while crude is a little cheaper, gas prices in August remain relatively high. Kentucky’s average at the pump jumped a nickel on the week, and at 2.97 was 97 cents more than a year ago.

In Lexington, the average per gallon price sits a penny higher than the state average. Today’s national average of $3.19 is the highest price in 2021.

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Stu has been reporting for WEKU for more than 35 years. His primary beat is Lexington/Fayette government.
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