Jan 09, 2020 3:24 PM

Gas prices still strong despite Middle East activity

Posted Jan 09, 2020 3:24 PM

By Nick Gosnell

Hutch Post

HUTCHINSON, Kan. — Gas prices have still been doing quite well, relative to the activity happening in the Middle East this week.

"We've only really seen, both on a national and a statewide basis, a one or two cent jump over the past week," said Shawn Steward with AAA Kansas. "Crude oil prices spiked to about $65 a barrel the night of the retaliation attack by Iran. The next morning they had dropped back to $59."

The Sunflower State is a good place to buy gas, as it generally is when all refineries are up and running.

"In Hutchinson today we're in the $2.31 to $2.35 a gallon range," Steward said Thursday. "The statewide average in Kansas is $2.30 a gallon. That puts us at 5th cheapest in the country. That's 30 cents less than the national average."

Kansas has been as high as 2nd cheapest in the country earlier in the week.

"There's really no strain on supply, domestically or globally as we stand right now," Steward said. "Those things can always change, with issues in the Middle East and if those tensions get heightened again, we could certainly see an impact down the line. Right now, we're in a good place."

Missouri remains the least expensive state on average at just over $2.22 a gallon Thursday morning.