Suddenly, Garden City is the low-price gasoline champion.
Sam’s Club and Dillons in Garden City are both offering regular unleaded gasoline for $1.91 a gallon, according to GasBuddy.com, the cheapest gasoline in Kansas by 4 cents.
By comparison, the cheapest gas price in Dodge City is $2.04 at Murphy USA and $2.05 at Kwik Shops and Dillons.
All Dodge City Love’s stations and the Flying J have gasoline at $2.15 a gallon.
While the average price of gasoline hasn’t changed in Kansas in almost 2 weeks, there may be an end to lower gas prices coming soon.
McPerson is a community of contrasts. The city offers a gallon of regular unleaded at a Phillips 66 station at $1.95 a gallon, the second-lowest price in the state. However, a different Phillips 66 station in the community offers the highest price in the state with a price of $2.49 a gallon.
"The era of falling gasoline prices will likely be coming to an end soon at a gas station near you," said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. "Not to say declines are completely done, but over the next few weeks we'll likely see more times when stations are raising their prices then dropping them, thanks to gasoline demand that will soon begin recovering and crude oil imports that will soon reflect OPEC’s lower output. The national average typically rises 35-65 cents from its low price, usually in February, through Memorial Day, and there's no reason to believe the same won't happen this year, so buckle up."
Speculation about gas prices remain. Several analysts believe prices will rise, but much less than originally thought with the production cuts made by the Organization of Petroleum Exporting Countries.
On Tuesday, Forbes magazine noted OPEC’s cuts have caused oil prices to rise, but rising US production will likely offset some rising costs. US production is at its highest since April of 2015 and more increases are expected. Forbes believes this will cause oil prices to stay below $70 a barrel.
The question will continue to be whether OPEC will maintain production cuts, or will an OPEC member break away from the agreement, causing others to follow suit and flood oil markets again — destroying the attempt at a market correction by OPEC.