Salina, KS

Now: 27 °

Currently: Fair

Hi: 52 ° | Lo: 25 °

Gas Prices Continue Decline

KSAL StaffJanuary 8, 2019

Further falling prices at the gas pumps mean Kansas motorists continue to get good news when they fill up their tanks.

According to AAA Kansas, at $1.93/gallon, the Sunflower State’s average gas price is now 31 cents lower than the national average and ninth cheapest in America. Kansas’ average gas price, which has fallen steadily for about the past three months, is now 15 percent lower than this time last year.

“Despite the recent busy holiday travel period, gasoline demand has remained low, while supply is still plentiful in the market,” said AAA Kansas spokesman Shawn Steward. “The result is great news for motorists, who get to enjoy the cheap prices at the pumps.”

Steward noted that two Kansas metro areas are among the Top 50 cheapest gas prices in America this week. Wichita, at $1.85/gallon, checked in with the 34th lowest gas prices among larger metro areas. Kansas City, Kan. ($1.88) is 44th lowest.

Of the 10 Kansas cities regularly highlighted by AAA Kansas (see chart below), seven registered average prices under $2/gallon. All except Salina, which rose two cents, experienced price declines in the past week. The largest price drops were seen in Garden City (-8 cents), Hays (-6) and Emporia (-5).

According to AAA Kansas, this week’s Kansas gas price extremes are:

HIGH: Elkhart (Morton County) – $2.50

LOW: Galena (Cherokee County) – $1.72

National Perspective

The latest Energy Information Administration (EIA) data registers gasoline demand at 8.6 million b/d for the week ending December 28 – the lowest level on record since February 2017. Despite record motor vehicle travel for the holiday, demand was down nearly 900,000 bbl, suggesting that demand this winter could be lower than expected.

This week’s national gas price average is $2.24 and has declined for 12 weeks in a row. The national average is three-cents cheaper on the week, 20-cents cheaper than last month and 25-cents cheaper year-over-year.

Quick Stats

The nation’s top 10 least expensive markets are: Missouri ($1.82), Oklahoma ($1.90), Arkansas ($1.91), Texas ($1.91), Alabama ($1.91), South Carolina ($1.91), Mississippi ($1.91), Louisiana ($1.93), Kansas ($1.93), and Ohio ($1.95).

The nation’s top 10 yearly decreases are: Michigan (-55 cents), Illinois (-49 cents), Ohio (-47 cents), Indiana (-47 cents), Iowa (-47 cents), Wisconsin (-46 cents), Nebraska (-41 cents), Missouri (-41 cents), Kentucky (-39 cents), and Delaware (-36 cents).

This week’s national gas price extremes:

High: California – $3.32

Low: Missouri – $1.82

Gas Price Trends in Select Kansas Cities

Sources: http://aaa.opisnet.com/index.aspx and http://gasprices.aaa.com/

 

Today Last Week Last Month Last

Year

Change Over Last Year
National $2.24 $2.27 $2.44 $2.49 -10%
Kansas $1.93 $1.96 $2.11 $2.28 -15%
Emporia $1.90 $1.95 $2.14 $2.27 -16%
Garden City $2.06 $2.14 $2.31 $2.30 -10%
Hays $2.02 $2.08 $2.22 $2.27 -11%
KCK $1.88 $1.90 $2.07 $2.25 -16%
Lawrence $1.91 $1.94 $1.97 $2.25 -15%
Manhattan $2.09 $2.11 $2.37 $2.32 -10%
Pittsburg $1.94 $1.95 $2.15 $2.22 -13%
Salina $1.89 $1.87 $2.07 $2.25 -16%
Topeka $1.92 $1.95 $2.14 $2.31 -17%
Wichita $1.85 $1.88 $1.95 $2.27 -19%

 

Bordering states and rank in lowest gas prices around the country

 

State Current Avg. Rank Today
Oklahoma $1.90 2
Missouri $1.82 1
Kansas $1.93 9
Colorado $2.20 28
Nebraska $2.04 16

 

 

 

 

 

Copyright © Rocking M Media, 2019. All Rights Reserved. No part of this story may be reproduced without Rocking M Media’s express consent.

CATEGORIES :

COMMENTS



STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

Gift Helps KSU Establish ...
November 13, 2019Comments
Delivery Truck, Fridge St...
November 12, 2019Comments
SUV, Cash Stolen
November 12, 2019Comments
ATV, Log Splitter Stolen
November 12, 2019Comments

LATEST TWEETS

Read all tweets
© 2007 - 2019 - EEO  - KDJM  - KABI  - KSAL-AM  - KSAL-FM  - KVOB  - KYEZ  - KZUH