Gas likely to hover near $2 mark in Franklin County

The Herald Staff

Kansas gas prices have fallen 1.7 cents per gallon in the past week, averaging $1.95 per gallon Monday, according to GasBuddy's daily survey of 1,329 stations.

Gas prices in Kansas are 0.5 cents per gallon higher than a month ago and stand 53.4 cents per gallon lower than a year ago.

Gas stations in Franklin County reported prices in the neighborhood of $1.99.

According to GasBuddy price reports, the cheapest station in Kansas is priced at $1.63 per gallon Monday while the most expensive is $2.48 per gallon, a difference of 85 cents per gallon. The lowest price in the state was $1.63 per gallon while the highest is $2.48 per gallon, a difference of 85 cents per gallon.

The national average price of gasoline has fallen 2.5 cents per gallon in the last week, averaging $2.17 per gallon Monday. The national average is down 0.3 cents per gallon from a month ago and stands 56.3 cents per gallon lower than a year ago.

Historical gasoline prices in Kansas and the national average going back 10 years:

• July 27, 2019: $2.49 per gallon (U.S. average: $2.73 per gallon)

• July 27, 2018: $2.65 per gallon (U.S. average: $2.85 per gallon)

• July 27, 2017: $2.13 per gallon (U.S. average: $2.30 per gallon)

• July 27, 2016: $2.02 per gallon (U.S. average: $2.14 per gallon)

• July 27, 2015: $2.61 per gallon (U.S. average: $2.71 per gallon)

• July 27, 2014: $3.32 per gallon (U.S. average: $3.52 per gallon)

• July 27, 2013: $3.58 per gallon (U.S. average: $3.63 per gallon)

• July 27, 2012: $3.46 per gallon (U.S. average: $3.48 per gallon)

• July 27, 2011: $3.63 per gallon (U.S. average: $3.69 per gallon)

• July 27, 2010: $2.66 per gallon (U.S. average: $2.72 per gallon)

Neighboring areas and their current gas prices:

Wichita: $1.97 per gallon, down 1 cent per gallon from last week's $1.98 per gallon.

Topeka: $1.96 per gallon, down 1.9 cents per gallon from last week's $1.98 per gallon.

"We remain stuck in neutral when it comes to gasoline prices. While GasBuddy data showed a small rebound in gasoline demand, oil prices have again failed to break out, leading to yet another week of little change at the pump," said Patrick De Haan, head of petroleum analysis for GasBuddy. "It's a bit too early to tell if the small rise in gasoline demand last week will continue into this week, but it does seem the most likely situation.

“The V-shaped recovery in gasoline demand has been put on hold for nearly all of July as coronavirus cases surged, but once we recover from that and we see demand show several weeks of recovery, we'll likely see gas prices begin to tick higher. For now, however, that gives motorists more time to fill up without having to worry about big jumps in prices."