Tariffs and the price of gas; AAA cant speculate on price hike [Video]

LEXINGTON, Ky. (LEX 18) — Gas prices across the Commonwealth continue to remain fairly low, and stable.

“The state average for a gallon of regular is right around $2.76 and Lexington’s average is $2.81,” said Lori Weaver Hawkins from AAA Blue Grass.

If tariffs are implemented on Canada, which are supposed to take effect at midnight on Tuesday, the price hike at the pump would be starting from a relatively low level for Kentuckians. However, experts say there is no predicting the impact this will have on area drivers.

“There is no way to predict when there will be an impact, and what the magnitude of that might be,” Weaver Hawkins said of the fuel and oil prices.

Things like the weather, and time of year are much better indicators of the price of fuel. We’re only a few weeks from entering the season when prices tend to rise, regardless …