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For Immediate Release:
July 27, 2022
Contact:
Cassie Nichols
[email protected]
ICYMI: Kansas Sees Nation’s Largest Drop in Average Gas Price
KEY QUOTE: “The average price for a gallon of regular gas in the state is $4.05 as of Monday, lower than the national average of $4.35. The state’s average was $4.61 one month ago.”
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Kansas’ average gas price dropped 29 cents in the last week, marking the largest decrease in the country, according to the most recent data from AAA.
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Lessened consumer demand and declining crude oil prices have contributed to lower prices at the pump, according to AAA.
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AAA also noted that domestic gasoline stocks are up to 228.4 million bbl, “signaling that low demand led to growth in inventory last week.”
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Several markets in Kansas still have gas averages below the statewide average, including Lawrence ($3.92), Topeka ($4.00), and Wichita ($3.94), gas data shows, while Manhattan ($4.15) has a higher average.
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