Gasoline Prices Plummet in Kansas

By: AP
By: AP

WICHITA, Kan. (AP) _ In the shadow of the nation's economic meltdown, there is at least one bit of good news for Kansans: Gasoline prices are dropping to levels that haven't been seen in about a year and are well below the national average.

The AAA Fuel Gauge report shows Kansas' average price of a gallon of regular unleaded was $2.81 on Monday, down 73 cents from just a month ago.

A year ago, the statewide average was $2.67 per gallon, and Wichita and some other Kansas locales are at or approaching that level now.

Kansas City, Kan., and Lawrence have the highest average prices in Kansas cities at $2.84 per gallon. In the Topeka area, pump prices are slightly less than $2.73 per gallon.

AAA says Monday's national average price was $3.20, down 53 cents from a month ago. A year ago the nation's average was $2.76.

Experts say pump prices are the result of declining crude oil and wholesale gas costs.

On the Net:
AAA Auto Club of Missouri fuel price index:

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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