Thursday, December 18, 2014

Fort Thomas Gas Prices Dropping, But Slowly

Gas prices in Fort Thomas remain 20-30 cents higher than nearby gas stations as of Thursday afternoon./FTM file
News outlets across the country have been reporting a dramatic decrease in gas prices. The Greater Cincinnati area, and even some regions in Northern Kentucky, are also benefiting from this market swing.

But how does Fort Thomas compare to the rest of the Tri-State in seeing decreased gas prices?

Turns out, not great.

As of two days ago, the national average for gas prices stood at $2.55/gallon. And as for Fort Thomas's primary gas stations -- namely the BP station at Highland and Grand and the Marathon station at N. Fort Thomas and Memorial -- remain (slightly) below that national average.

But a quick look at WCPO's current gas price map will give a quick indication of how the urban center of Northern Kentucky measures up to gas prices across the region:

Source: WCPO
Distilled quickly, the closer to red, the higher the gas price. The closer to green, the lower the gas price.

Notice how Northern Kentucky, specifically the cities of Covington, Bellevue, Dayton, and Fort Thomas, are coated in red. A closer look shows Fort Thomas specifically:

Source: WCPO (click to enlarge)
Covington remains highest in Northern Kentucky's central districts as far as gas prices go. Bringing up a not-so-distant second, though, is Fort Thomas, with $2.49/gallon at both the BP and Marathon, and $2.35 at the Shell station on US-27 on the south side.

That's compared to an average of $2.35/gallon in Bellevue, Dayton, and Newport. $2.35/gallon is the price currently offered at the Speedway on 10th St. and Monmouth, one of the closest to Fort Thomas.

Now, some might say that this isn't exactly news. And FTM is still in the process of investigating why Fort Thomas gas prices have perennially been some of the highest in the region.

As far as Covington goes, the higher prices make sense in a supply-and-demand sense: Covington butts up right against the I-71/75 corridor. Highland Heights' proximity to I-275 might also explain their tendency to higher gas prices right now.

But what exactly continues to keep Fort Thomas gas prices hovering above our neighbors here in Campbell County?

Stay tuned as FTM continues to investigate.

3 comments:

  1. I would argue that Shell on the Southside is a busier Gas station than the other two mentioned. Those two places always gouge compared to Shell. Some reason it seems this site has some issues with Southside.

    ReplyDelete
  2. uhh, they mentioned that station in the article. maybe read the whole article next time?

    "Covington remains highest in Northern Kentucky's central districts as far as gas prices go. Bringing up a not-so-distant second, though, is Fort Thomas, with $2.49/gallon at both the BP and Marathon, and $2.35 at the Shell station on US-27 on the south side."

    ReplyDelete
  3. The BP in Fort Thomas off Grand Ave. Is always 20 to 30 cents per gallon more than any other gas station i have ever seen. I don't know how them and this Marathon gets away with this.

    ReplyDelete