Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Henderson | Lakes | McCracken | Webster

Gasoline Prices Push Toward $4 Per Gallon

dollar sign autoKentucky (4/21/14) — Gasoline prices are trending back toward $4 per gallon just in time for summer driving.

The chart below indicates a strong trend to $4 per gallon; but, diesel prices have already started to decline. Some analysts attribute the increase with the Ukrainian crisis with Russia.

Regular Gasoline Prices 201On-Highway Diesel Fuel Pric

 However, there is no indication that crude oil prices are spearing this increase: Some have speculated that President Obama has secretly pushed or allowed gasoline prices to increase to model after European pricing or to placate environmental supporters. The facts discount this theory. President Obama took office on Jan. 20, 2009 and the average price of a gallon of regular gasoline was $1.83 per gallon. However, this was down from the $4.054 per gallon in January of the previous year.

With oil production in the U.S. increasing and drivers continuing to replace low efficiency cars and trucks with higher efficiency models, any price spike above $4 would appear short lived. One would especially reach this conclusion with the declining price of diesel fuel.

As with all commodities, world and local events will continue to influence energy prices.

Ron Sanders
SurfKY News Group

Sources: United States Energy Information Administration; www.infomine.com.

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

In Other News...

EVES to Host Leadership Day Nov. 6

OWENSBORO, Ky. (10/29/14) — East View Elementary School will host its annual Leadership Day from 9 a.m. to noon… Read More

Join the City of Owensboro for Frozen at the Edge

OWENSBORO, Ky. (10/29/14) — The Edge Ice Center will be celebrating everything Frozen during its Frozen at the Edge… Read More

Most Read This Week

October 29, 2014 8988

UPDATE: Medical Examiner's Official Report…

in Local (Lakes) Top News by Dennis Thomas
October 24, 2014 7789

Central City Man Charged with Sexual Assault on…

in Local (Muhlenberg) Top News by Chris Cooper
October 27, 2014 6159

Earlington Woman Charged With Burglary for…

in Local (Hopkins) Top News by Madisonville Police Department
October 23, 2014 4620

Don Everly to be Part of Rock and Roll Hall of…

in Top News For All Sites by Paul McRee, SurfKY News
October 27, 2014 4396

Baptist Health Madisonville Performs Baptist…

in Local (Hopkins) Top News by Kristy Quinn
October 29, 2014 4156

UPDATE: Two More Arrested for Meth at Area Motel

in Local (Hopkins) Top News by Trooper Stu Recke
October 28, 2014 4108

UPDATE: 'Runner' Ran Home; Family Happy

in Hopkins News by Lisa Crook
October 24, 2014 4007

Miners Turn Out in Madisonville for…

in Top News For All Sites by Rita Dukes Smith, SurfKY News Director
October 28, 2014 3450

UPDATE: Extended to Wednesday; Heaven's Gates and…

in Local (Muhlenberg) Top News by Paul McRee, SurfKY News
October 27, 2014 3380

Woman Charged for Domestic Assault with Scissors,…

in Local (Hopkins) Top News by Madisonville Police Department

Stories Trending Today

October 29, 2014 8988

UPDATE: Medical Examiner's Official Report…

in Local (Lakes) Top News by Dennis Thomas
October 29, 2014 4156

UPDATE: Two More Arrested for Meth at Area Motel

in Local (Hopkins) Top News by Trooper Stu Recke
October 29, 2014 3215

Central City Businessman Indicted by Grand Jury…

in Top News For All Sites by Charles W. Riley II, SurfKY News
October 29, 2014 2731

Hypodermic Needle Sticking Out of Jacket During…

in Local (Hopkins) Top News by Madisonville Police Department
October 29, 2014 2545

Pennyrile Gymnastic Team to Perform on 'America's…

in Local (Hopkins) Top News by Paul McRee, SurfKY News
October 30, 2014 2405

UPDATE: Missing Elderly Couple Found

in Local (Hopkins) Top News by Chief William C. Crider
October 29, 2014 2311

Madisonville Police Arrest Reports - Oct. 29, 2014

in Hopkins News by Madisonville Police Department
October 29, 2014 2219

Huge Crowds Visit Uncle Lee’s First Day of…

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
October 30, 2014 1940

Three Injured When Pickup Truck Overturns

in Local (Hopkins) Top News by Rita Dukes Smith, SurfKY News Director
October 29, 2014 1930

Trespassing Complaint Ends with Shoplifting Arrest

in Hopkins News by Madisonville Police Department

SurfKY News Group, Inc.
Corporate Office & Studio
1125 Nebo Rd.  •  Madisonville, KY 42431
270.452.2727 (phone)
  •  270.452.2249 (fax)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social fbsocial twsocial yt
social gpsocial flrsocial rss