There are reports of gasoline prices under two dollars and 90 cents across parts of Kentucky. The price per gallon has been dropping at a rapid pace with less demand and an ample supply. Bluegrass AAA Spokesman Christopher Oakford says it's difficult to say how low prices will go. "You will see a wide variance in the price of gas. I can't really comment on how far it will drop or how long it will continue to drop unfortunately because there are so many factors that affect the price, particularly of oil," said Oakford.
Motorists traveling from one end of Kentucky to another this holiday period could see a differing range of gasoline prices. GasBuddy-Dot-Com Petroleum Analyst Patrick Dehaan says the lowest-priced gas is found near Bowling Green at three dollars 34 cents a gallon. Compare that to Louisville where travelers may find prices hovering around four dollars a gallon.
In Frankfort, two economic experts battled it out in a day long hearing in Kentucky's gas price gouging case against Marathon Petroleum. The state is accusing Marathon of illegally jacking up gasoline prices during a state of emergency declared on April 26th and still in effect. The company denies any wrongdoing.