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Gas Prices Moving Down; Now Below $2

Gas Prices Moving Down; Now Below $2
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By West Kentucky Star Staff
Jun. 19, 2017 | PADUCAH, KY
By West Kentucky Star Staff Jun. 19, 2017 | 08:29 AM | PADUCAH, KY
Gasoline prices in Kentucky fell 6 cents per gallon in the past week, averaging $2.13/g yesterday. This compares with the national average that has fallen 4 cents per gallon in the last week to $2.28, according to gasoline price website GasBuddy.com.

Kentucky prices yesterday were 20 cents per gallon lower than one year ago and 10 cents per gallon lower than a month ago. 

In Paducah, prices ranged from $1.94 to $2.19.

"Another week, another nearly country-wide decline in gasoline prices as crude oil prices struggle near the lowest levels of the year," said Patrick DeHaan, senior petroleum analyst for GasBuddy.

"Hurricane season may break the string, but we could see another week with a majority of states lower again, thanks to gasoline inventories that remain quite healthy. Even OPEC's best move to thwart supply increases hasn't done much thanks to U.S. oil production which has charged back like a bull," added DeHaan.

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