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Where could ZIP Code 41011 residents find the cheapest gas in week ending May 31?

 
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Where could ZIP Code 41011 residents find the cheapest gas in week ending May 31?
Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.gov

During the week ending May 31, three gas stations in ZIP Code 41011 had the cheapest prices on a range of fuel types, according to customer reports submitted to GasBuddy.com.

Customer reports revealed several competitive deals on available fuel types.

  • Premium gas: A low of $3.96 per gallon was found at Speedway (610 W 5th St) and Speedway (613 W 4th St).
  • Midgrade gas: Lowest price of $3.44 per gallon at Circle K.
  • Diesel: Best price of $3.03 per gallon was offered at Speedway (610 W 5th St) and Speedway (613 W 4th St).
  • Regular gas: Lowest price of $2.94 per gallon was reported at Circle K.

Based on customer reports about the eight reported stations in ZIP Code 41011 during the week ending May 31, the average prices for available fuel types were:

  • Regular gas: $2.97 per gallon.
  • Midgrade gas: $3.51 per gallon.
  • Premium gas: $3.98 per gallon.
  • Diesel: $3.05 per gallon.

According to the USPS, Covington is the primary area with addresses in ZIP Code 41011.

Across Kentucky during the week ending May 31, the average reported prices for available fuel types were:

  • Regular gas: $2.84 per gallon, unchanged since last week.
  • Midgrade gas: $3.35 per gallon, compared to $3.38 the week before.
  • Premium gas: $3.76 per gallon, compared to $3.81 the week before.
  • Diesel: $3.18 per gallon, compared to $3.20 the week before.
  • E15: $2.70 per gallon, compared to $2.67 the week before.
  • E85: $2.60 per gallon, compared to $2.58 the week before.

Drivers in the United States have experienced a rollercoaster of gas prices in recent years due to supply disruptions, shifting consumer demand, and ongoing geopolitical tensions. Global conflicts—most notably Russia’s war on Ukraine—have driven prices higher, further compounded by U.S. and E.U. sanctions on Russian oil and, more recently, new U.S. sanctions on Russian tankers that have strained supplies even further. These factors, along with lingering pandemic effects and seasonal travel surges, have led to local price variations ranging from the low $3s to over $4 per gallon.

According to the U.S. Energy Information Administration’s Short-Term Energy Outlook, global oil markets are gradually stabilizing as supply chains recover and domestic production increases. Although seasonal demand may still trigger occasional spikes, improved production and inventory levels are expected to moderate these fluctuations. At the same time, trade policies—such as tariffs on Canadian and Mexican oil as noted by GasBuddy—are adding extra pressure by increasing costs for refiners, which could impact consumer prices and further challenge household budgets.

Gas data refers to the price of gas when paid for by cash, not credit. Gas stations can charge drivers more for using credit cards due to surcharge fees. This is prohibited in 10 U.S. states.

Data is accurate as of press time, but gas prices have been known to fluctuate on a daily, and even hourly, basis.

Fuel Price Snapshot: Week Ending May 31 and Prior Week in ZIP Code 41011 vs. Statewide Averages

Premium GasMidgrade GasDieselRegular Gas$3.98$3.98$3.98$3.98$3.76$3.76$3.51$3.51$3.53$3.53$3.35$3.35$3.05$3.05$3.08$3.08$3.18$3.18$2.97$2.97$2.97$2.97$2.84$2.84ZIP This WeekZIP Previous WeekStatewide Average

Cheapest Gas Prices in ZIP Code 41011 in Week Ending May 31
StationAddressRegular Gas ($/gal)Midgrade Gas ($/gal)Premium Gas ($/gal)Diesel ($/gal)
BP1750 Dixie Hwy$2.99$3.49$3.99$3.04
Shell1804 Dixie Hwy$2.99$3.49$3.99$3.04
Circle K207 W 4th St$2.94$3.44$3.99
Sunoco1318 Madison Ave$2.98$3.48$3.98
BP610 W 4TH ST$3.52$3.97$3.09
Speedway610 W 5th St$2.96$3.56$3.96$3.03
Speedway613 W 4th St$2.96$3.56$3.96$3.03
Marathon420 W Pike St$3.09