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Kansas gas price average jumps seven cents on the week

aaaDecember 27, 2016– Kansas saw a jump in gas prices on the week with a seven cent rise. This placed the state in the top-ten for highest increases on the week. The average is now 22% higher than last year. Topeka holds on to the number 50 spot for the lowest average metro in the nation. Wichita is seeing a 33% increase on their average price over this time last year.

The OPEC efforts to curb oil production are aimed at rebalancing the oil supply and as a result, markets have reacted, causing retail prices to increase. The silver lining could be that typically the demand in January falls sharply and the prices may follow.

Retail averages have increased 28 of the past 30 days and prices have moved higher by fractions of a penny since Friday. The national average for regular unleaded gasoline currently sits at $2.29 per gallon, which is five cents more than one week ago, 16 cents more than one month ago and 29 cents more year-over-year.

today

last week

last month

last year

Change over last year

National

$2.29

$2.25

$2.13

$2.00

15%

Kansas

$2.13

$2.08

$1.90

$1.75

22%

Emporia

$2.10

$2.05

$1.87

$1.75

20%

Garden City

$2.05

$2.03

$1.95

$1.76

16%

Hays

$2.18

$2.12

$2.06

$1.93

13%

KCK

$2.16

$2.12

$1.87

$1.74

24%

Lawrence

$2.16

$2.13

$1.82

$1.72

26%

Manhattan

$2.16

$2.06

$1.93

$1.75

23%

Pittsburg

$2.13

$2.01

$1.85

$1.69

26%

Salina

$2.01

$1.98

$1.83

$1.70

18%

Topeka

$2.09

$2.07

$1.81

$1.73

21%

Wichita

$2.12

$2.10

$1.87

$1.60

33%

Bordering states and rank in lowest gas prices around the country

State

Current Avg

Rank today

Rank last week

Missouri

$2.09

8

2

Oklahoma

$2.08

6

5

Kansas

$2.13

11

9

Colorado

$2.17

16

13

Nebraska

$2.26

25

25

Last month, the Organization of Petroleum Exporting Counties (OPEC) along with non-cartel countries worked out an agreement to limit crude oil production by 1.8 million barrels per day beginning in January 2017. Last week, Libya announced the re-opening of pipelines from two major oil fields which has led many to speculate that increased production in Libya may counter OPEC’s anticipated cuts.

Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad and Android. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance. Learn more at AAA.com/mobile.

AAA provides automotive, travel and insurance services to 56 million members nationwide and 331,566 members in Kansas.  AAA advocates for the safety and mobility of its members and has been committed to outstanding road service for more than 100 years.  The not-for-profit, fully tax-paying member organization works on behalf of motorists, who can now map a route, find local gas prices, discover discounts, book a hotel and track their roadside assistance service with the AAA Mobile app for iPhone, iPad and Android.  For more information, visit www.aaa.com.

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