Feb 03, 2023

AAA: Gas prices in Kansas are stable for now

Posted Feb 03, 2023 9:00 PM

NICK GOSNELL
Hutch Post

HUTCHINSON, Kan. — Kansas gas prices appear to be stabilizing.

"We're at $3.20 a gallon on average today," Shawn Steward with AAA said Friday. "That's the same as it was a week ago. We haven't really seen any fluctuations in the past week. After seeing some rises throughout January, we've seen a little bit of a stability here."

A month ago, we were at $2.83. One year ago, the Kansas average was $3.14. The national average is currently $3.49, down one cent from a week ago.

Kansas has the 7th lowest average price in the nation.

"We saw gas demand rise, but total domestic gas supply did, as well," Steward said. "Despite the rising demand and recently elevated crude oil prices, the growth in total supply in domestic gasoline stocks has helped limit those pump price increases, which we had seen throughout most of January."

Weather elsewhere in the country could have an impact on overall prices in the near term.

"We'll probably see some of that reflected in the report next week," Steward said. "We typically have a lag of a week or so in terms of demand reports. Whenever you get winter weather, that does temper demand somewhat. Overall, this winter we've had a pretty mild weather situation, especially in the eastern half of the U.S." 

The National Weather Service says dangerous wind chills are likely this weekend in an area stretching from northern Pennsylvania to Maine.