Cheap gas Louisville KY

SPECIAL REPORT: Louisville

January 16, 2023 – 07:38 am

Updated:
Investigators say Charles Williams, 37, is responsible for the murder of Daniel Allen, 30, who was found dead last week in Battletown, Kentucky. More >Investigators say Charles Williams, 37, is responsible for the murder of Daniel Allen, 30, who was found dead last week in Battletown, Kentucky. More >
Authorities are retracing Lamar Odom's $75, 000 visit to the brothel where he was found unconscious as the former NBA and reality television remains hospitalized and the Kardashians spar with the brothel owner...More >Authorities are retracing Lamar Odom's $75, 000 visit to the brothel to find out why the former NBA and reality TV star was found unconscious.More >
A Louisville man has been arrested after police say they found him with property valued at more than $10, 000 stolen from a local business. More >A Louisville man has been arrested after police say they found him with property valued at more than $10, 000 stolen from a local business. More >

LOUISVILLE, Ky. (WDRB) - After hovering near the $4 a gallon mark in 2014, Louisville prices have been steadily falling at Louisville area gas stations in recent weeks to well below $3, and Jose Fernandez, an associate economics professor at the University of Louisville, says we can look forward to more low prices.

"The U.S. production has increased, also international production has increased, " Fernandez said. "And, the price of natural gas is low enough that companies that previously used oil to do electricity or whatnot are switching over to natural gas."

But, you may have noticed that, even though the price of crude oil has steadily fallen for months, every week or so, gas mysteriously shoots up again.

You're not the only one who noticed. I checked prices going back three months on Gas Buddy, a website that tracks gas prices across the country. That's where I noticed a trend: every 7 to 10 days, there's been a jump: 13 cents on Sept. 8, 8 cents 10 days later and 9 cents eight days after that. On Oct. 11, there was a 7 cent jump; 15 cents 11 days after that; and 10 days later another 10 cents; and the same jump a week after that.

But, why?

One man says it's all just part of a game, led by the biggest player in the market, Speedway.

Clemson University economist Matthew Lewis studied prices in 165 cities over a period of two years and found that this happens wherever Speedway has a market share of at least 10 percent. It's called "cycling."

Source: www.wdrb.com

You might also like

Bob Hook Chevrolet Louisville KY | ...

Residential Plumbers Louisville ky - CALL 502-771-4638

Chicago Electric Welding Systems 90 Amp Flux Wire Welder
Home Improvement (Chicago Electric Welding Systems)

No gas or regulators required
120 volts, 20 amps, single phase input
Variable speed wire control
Thermal overload protection with indicator light
Weldable materials: Mild, low alloy steel (not suitable for aluminum or stainless steel);

Fisher Space Pen Bullet Chrome Finish, Gift Boxed (400)
Office Product

Writes at any angle, even in Zero Gravity. Simply the most versatile pen ever made.
Writes in extreme temperatures from -30F to 250F
Each Fisher Space Pen is precision assembled, hand tested, and carries an unconditional lifetime guarantee.
All Brass and steel construction

	Udirc Venom 2.4GHz High Speed Remote Control Electric Boat (Orange) Hobby (UDI RC) This newest USB-rechargeable electric RC speedboat from UDIRC will blow the others out of the water when it races by at 25 km/h (15 mph). It features a rugged ABS anti-tilt hull, and a water-cooled, single-prop powerful 370-size motor that combines style, speed, and affordability. Low battery alarm warns you when the boat is almost out of power so you know when to head for the shore. Self-righting feature lets you keep your boat in play even... The UDI001 is an exciting speedboat to see in action and even more exciting to pilot.
	Instafire Fire Starter Pouches, Durable Mylar Packs Lights up to 4 fires, No Harmful Chemicals, ECO Friendly - Use at Campfire, Fireplace, Cooking, Charcoal, Emergency, Sports (Instafire) Versatile and easy-to-use packs of fire starter for wherever you need a light: campsites, fireplaces, outdoor fire pits, RV parks Works on wet wood and burns in all types of weather, including 30 mile-per-hour winds, rain and snow Made from recycled wood, volcanic rock and a patented blend of food-grade paraffin wax-no harmful chemicals or vapors Safe-to-store, nonvolatile formula with shelf life of 30 years and no risk of flare ups, explosions, or flammable-storage concerns Leftover ash is an environmentally friendly fertilizer that nourishes the earth
	Elixir® Strings Acoustic 80/20 Bronze Guitar Strings with NANOWEB® Coating, Medium (.013-.056) Musical Instruments (W.L. Gore & Associates, Inc.) Medium Gauge: 013 017 026 035 045 056 Elixir® Strings retain their tone longer than any other string, uncoated or coated. *Elixir Strings player survey 80/20 Bronze with NANOWEB Coating Anti-Rust Plated Plain Steel Strings also resists tone-deadening corrosion, ensuring longer life for the entire set