Our winter storm continues to dump heavy snow across central and eastern Kentucky. Look for our storm to taper off from northwest to southeast through the afternoon. One foot snow totals for several. Two foot snow totals for a few.
What a welcome sight it is! Gas prices dropped Friday to a level not seen in Lexington for years.
For the first time in close to three years years, gas prices are below two dollars a gallon.
They dropped in the morning and kept falling all day. One station on Augusta Drive was selling gas for $1.99 as of Friday afternoon.
Prices at the pump continue to fall because the price of crude oil is leading the way.
A barrel of oil is now selling for $67.81. Over the course of the month of October, the price of crude oil fell 32%.
The price at the pump has dropped by about half since it peak this summer. That drop is expected
to result in a staggering $100 billion in annual savings for American households.