Kansas Gas Prices Drop as National Trends Follow Suit

Average gasoline prices in Kansas have decreased by 4.5 cents per gallon over the past week, settling at $2.42 per gallon as of Monday. This data comes from a survey conducted by GasBuddy, which analyzed prices at 1,329 stations across the state. In Great Bend, several gas stations reported prices for unleaded gasoline at approximately $2.429.

In contrast, neighboring Pawnee County appears to have the highest gas prices in Kansas, with costs reaching $2.559 per gallon. Overall, prices in Kansas are now 22.4 cents lower than those from a month ago and 22.3 cents lower than they were a year earlier.

National Trends Reflect Similar Decreases

The national average price for diesel has also fallen, decreasing by 5.4 cents in the last week to reach $3.521 per gallon. GasBuddy’s price reports indicate that the lowest gas price in Kansas is $1.94 per gallon, while the highest stands at $3.00, resulting in a significant $1.06 difference between the cheapest and most expensive options.

On a national scale, the average price of gasoline has dropped by 4.0 cents in the past week to $2.75 per gallon. This figure marks a decline of 22.6 cents from a month ago and 22.4 cents from the same time last year, based on data from GasBuddy, which compiles over 11 million weekly price reports from more than 150,000 gas stations nationwide.

Regional Price Breakdown

Additional gas prices from various counties in Kansas, as reported by AAA, include:
– Stafford: $2.459
– Ellsworth: $2.499
– Rice: $2.622
– Rush: $2.699
– Russell: $2.539
– Sedgwick: $2.569
– Shawnee: $2.316
– Finney: $2.055 (lowest in the state)

Patrick De Haan, head of petroleum analysis at GasBuddy, noted, “For the fifth straight week, the national average price of gasoline has declined, with all but a handful of states seeing prices move lower.” He attributes this decrease to relatively low oil prices, despite the ongoing U.S. blockade on Venezuelan oil exports.

De Haan explained that refineries are operating at seasonally high outputs, leading to a buildup in gasoline inventories. As a result, most states, aside from those experiencing price cycles, have seen declines. In fact, some stations in nearly a dozen states have begun selling gasoline for below $2 per gallon. De Haan anticipates that this trend may continue for a while before prices eventually stabilize, possibly reaching their lowest point in January or February.

As consumers navigate these fluctuating prices, the continued decrease offers some relief for drivers in Kansas and across the nation. With the ongoing analysis from credible sources like GasBuddy and AAA, individuals can stay informed about the latest trends in gasoline pricing.