WKYT - Good Question - Headlines

Good Question: What has caused gas prices to spike?

There are some 162,000 gas stations across the country and it seems all of them have a different price at the pump.

Here in Lexington, if you've had to fill up your tank this week you know you've been paying more to do so.

Good Question: Fred in Lexington-The price of gasoline went up this week, where can we find out what's driving the increase?

Its something most all of us need if we want to drive anywhere, but recently prices at the pump here in Kentucky have been on the rise.

The price for a barrel of oil has hovered between $70 and $80 since May, allowing for cheaper prices across the country...

But here in Kentucky GasBuddy.com says that's not the case.

We've seen the price for gas jump nearly 10 cents in the past week.

We asked a petroleum analyst why the prices seem to have spiked.

We were told there is no one particular thing, but rather a combination.

For example, a recent heat wave has led to some minor refinery issues, hurricane season is upon us, and the economy continues to slowly recover-all things that have a direct impact on what we pay at the pump.

Petroleum analysts say the Gulf oil spill has had virtually no affect on gas prices.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 98574064