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AAA: National gas price average edges upward following Thanksgiving; Kentucky up a penny


Following the Thanksgiving holiday, the national gas price average has edged upward. At $2.12, it is two cents more than a week ago, but remains cheaper compared to last month (-2 cents) and last year (-46 cents).

Across the country, motorists in nearly 30 states are paying more at the pump than they did last week, with states along the I-95 corridor seeing the largest jump: Delaware (+15 cents), Maryland (+8 cents), Pennsylvania (+7 cents), New Jersey (+6 cents) and North Carolina (+6 cents).

Increases closer to home were much more moderate, with Kentucky seeing only a 2 cent increase on average compared to a week ago and many communities around the Bluegrass seeing prices less than they were prior to Thanksgiving.

Despite the small increase at the pump nationally, U.S. gasoline stocks increased and demand decreased, according to the Energy Information Administration’s reports for the week ending November 20. Demand dropped to 8.1 million b/d, a five month low, and stocks built by 2.2 million bbl to total 230.1 million bbl.

“As COVID-19 cases increased, the national gas price average saw it’s cheapest November in 12 years,” said Lori Weaver Hawkins, public and government affairs manager, AAA Blue Grass. “Motorists can expect gas prices to mostly decrease in the days ahead, especially with demand showing the lowest reading since June.”

Gas Prices Continue Lower Around the Bluegrass


Today’s average of $1.92 in Kentucky is 5 cents less than a month ago. Today’s gas price in Kentucky is well below the Commonwealth’s average of $2.36 seen a year ago. In Lexington, the average price is $1.93, down 6 cents from last week and also 6 cents lower than a month ago

周围社区也看到了过去一周的天然气价格下跌,所有这些都比肯塔基州或国家的价格变化更大。在尼古拉斯维尔,平均价格下跌6美分,现在仅为1.88美元。乔治城下跌3美分,现在场均为1.91美元。Versailles下跌2美分,价格为1.98美元,而温彻斯特则以1.98美元的价格下跌8美分。里士满下跌了6美分,登陆1.95美元。

Elizabethtown is the community with the lowest price in Kentucky at $1.82. The high spot in the Commonwealth is Louisville, at $2.01.

快速统计信息

• The nation’s top 10 largest weekly increases: Delaware (+15 cents), Maryland (+8 cents), Pennsylvania (+7 cents), New Jersey (+6 cents), North Carolina (+6 cents), Indiana (+6 cents), Washington, D.C. (+5 cents), Virginia (+4 cents), Tennessee (+4 cents) and Oklahoma (+3 cents).

• The nation’s top 10 least expensive markets: Missouri ($1.76), Texas ($1.79), Mississippi ($1.81), Oklahoma ($1.82), Arkansas ($1.84), Louisiana ($1.85), Kansas ($1.87), Alabama ($1.87), South Carolina ($1.87) and Tennessee ($1.89).

石油市场动态

At the close of Friday’s formal trading session, WTI decreased by 18 cents to settle at $45.53. While domestic crude prices decreased that day, due to increasing coronavirus infection rates, crude prices grew overall last week amid increased optimism that a vaccine for the coronavirus will be available by the end of 2020. Prices were also bolstered by EIA’s weekly report revealing that total domestic crude inventories fell by 800,000 bbl to 488.7 million bbl last week.

Today and tomorrow, the Organization of the Petroleum Exporting Countries (OPEC) will meet with its partners, including Russia and Kazakhstan, to decide if they will continue status quo or increase current crude supply cuts. Either outcome could cause crude prices to continue to climb. Currently, OPEC and its allies in the production reduction agreement have agreed to cut crude output by 7.7 million b/d — approximately 8 percent of global demand — through the end of 2020.

驾驶者可以在与iPhone,iPad和Android的免费AAA移动应用程序中找到当前的天然气价格。该应用程序还可用于绘制路线,查找折扣,预订酒店并查看AAA路边援助。了解更多AAA.com/mobile.

From AAA Blue Grass


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