Gas prices in Dodge City dropped in the last week with most stations now reporting a gallon of regular unleaded at $2.07.
According to GasBuddy.com, there are eight stations in Dodge City at $2.07, including Murphy USA, Dillons, Love’s, Kwik Shop and Flying J.
A location in Montezuma is also at $2.07, while in Meade the price is $2.08 and in Mullinville it’s $2.09.
Statewide the average price in Kansas has dropped to $2.13 a gallon, but there are currently six stations in the state with a price of $1.89 a gallon. Those stations are located in Chanute, Coffeyville and McPherson.
The state’s highest price per gallon is in Kensington where a Cenex station is listing at $2.54.
"While the national average fell 5 cents per gallon in the last week, the bigger story is that 47 states saw average gas prices move lower in the last week, so this isn’t just a here and there trend, it’s almost everywhere," said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. "Oil prices remain near 6-month lows as fundamentals remain weak — supply remains high even in light of production cuts from OPEC while demand has been mild, not remarkable.
"Today’s national average price for gasoline is the lowest for mid-June since 2005 — not an easy record to attain. By all measures, gasoline prices this year have been exactly what most motorists seem to love — stable and cheap, two words that rarely have been synonymous with gas prices over the last decade. While many motorists are lured in to that false sense of security, smart motorists continue to shop around and find the best deal as the gas price spread between stations hits record levels."
According to AAA Kansas, the state is the 10th lowest in the nation for average cost of gasoline. The national average price of a gallon of regular unleaded is $2.34.
The national price drop is due to an unexpected buildup of crude oil last week combined with ongoing high gasoline production runs, an increase in gasoline stocks and a drop in gasoline demand. If refiners continue to produce record amounts of gasoline and oversupply the market, consumers will reap the benefit and see slight fluctuations in gasoline prices (+/- a few cents) in coming weeks. However, it is not likely that gas prices will drop much lower than this week’s prices.
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