Gas prices jump across Kentuckiana - wave3.com-Louisville News, Weather & Sports

Gas prices jump across Kentuckiana

Shell at Floyd and St. Catherine in Louisville. Shell at Floyd and St. Catherine in Louisville.
Marathon on Brown's Station Way in Clarksville. Marathon on Brown's Station Way in Clarksville.

LOUISVILLE, KY (WAVE) - If you haven't noticed yet, you are one of the few. Gas prices took a big jump on Tuesday causing dozens of you to call our newsroom to find out what's going on.

Prices around Kentuckiana jumped to at least $4.15 for a gallon of regular unleaded.  

Kentucky Attorney General Jack Conway's office tells us they are monitoring the situation. They believe the wholesale price in Louisville is still higher here than in most places due to the merger of Marathon and Ashland Oil.

Ashland Inc .spokesman Ken Gordon clarifies that Marathon purchased the remaining 38 percent interest of the Ashland-Marathon Petroleum LLC joint venture in a $3.7 billion transaction in 2005. The joint venture was created in the mid 1990's to manage Ashland's refining interest and led to the eventual exit of Ashland from the oil refining business.

The refining assets were sold to Marathon for $3.7 billion in 2005.

Last month, President Obama ordered a federal investigation by the Department of Justice to look into the price at the pump.

Copyright 2011 WAVE News. All rights reserved. 

  • WAVE 3 NewsNEWSMore>>

  • Mother of slain child wants to help prevent violence

    Mother of slain child wants to help prevent violence

    Monday, May 29 2017 12:16 AM EDT2017-05-29 04:16:19 GMT
    Dequante Hobbs Jr. (Source: Family Photo)Dequante Hobbs Jr. (Source: Family Photo)

    Micheshia Norment shared a collage of photos that was put together for the seventh birthday of Dequante Hobbs Jr.  Sadly, Hobbs will never get to see age eight.

    More >>

    Micheshia Norment shared a collage of photos that was put together for the seventh birthday of Dequante Hobbs Jr.  Sadly, Hobbs will never get to see age eight.

    More >>
  • Abbey Road On The River is a hit, despite rain

    Abbey Road On The River is a hit, despite rain

    Sunday, May 28 2017 12:29 AM EDT2017-05-28 04:29:27 GMT
    Despite a small thunderstorm blowing through WAVE Country, WAVE 3 News's Abbey Road On The River turned out to be hit on Saturday. (Source: WAVE 3 News)Despite a small thunderstorm blowing through WAVE Country, WAVE 3 News's Abbey Road On The River turned out to be hit on Saturday. (Source: WAVE 3 News)

    Despite a small thunderstorm blowing through WAVE Country, WAVE 3 News's Abbey Road On The River turned out to be hit on Saturday.

    More >>

    Despite a small thunderstorm blowing through WAVE Country, WAVE 3 News's Abbey Road On The River turned out to be hit on Saturday.

    More >>
  • Bath County teacher charged with sexual assault of 15-year-old

    Bath County teacher charged with sexual assault of 15-year-old

    Sunday, May 28 2017 11:04 PM EDT2017-05-29 03:04:31 GMT
    Andrew Couch (Source: Clark County Detention Center)Andrew Couch (Source: Clark County Detention Center)

    A middle school social studies teacher in Bath County was arrested this weekend, and accused of having a sexual relationship with a 15-year-old girl.

    More >>

    A middle school social studies teacher in Bath County was arrested this weekend, and accused of having a sexual relationship with a 15-year-old girl.

    More >>
Powered by Frankly