Kansas average gas prices trending slightly downward

KNSS News
October 17, 2019 - 5:16 am
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A spike in Wichita's gas prices to $2.35 at the beginning of the week nearly brought the city in line with the average price in the state.  Shawn Steward with AAA Kansas says this week's average was $2.37 a gallon.

"About a cent cheaper than we were a week ago,” said Steward.  “We’re looking at about 23 cents less than we were a year ago at this time.”

Steward says the crude oil market is always volatile, but things are looking good so far.

“The national and the Kansas gas prices have been gradually, slowly decreasing over the past three weeks or so,” said Steward. “Barring any major industry or geopolitical events that might impact it, we expect those trends to continue.”

The combination of supply and demand right now is both seasonal and stable.

“Generally, this time of year, we start to see less demand and just a general decrease in gas prices is very common throughout the fall,” said Steward. “Despite some earlier tensions in the Middle East and other geopolitical issues, over the past few weeks things have stabilized a little bit on that front. That’s helped keep gas prices fairly cheap.”

According to AAA, Kansas is currently 12th cheapest in the country for gasoline.

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