Kentucky gas prices edge down slightly

Gas prices in Kentucky edged down 2.9 cents per gallon over the past week to an average of $3.82 per gallon to begin the week, according to the gasoline price website KentuckyGasPrices.com .

That price was 12.8 cents per gallon higher than a month ago and 32.2 cents per gallon higher than a year ago, according to the website. Reported gas prices in Northern Kentucky ran higher, ranging from $3.85 per gallon to $3.89 per gallon.

The average price for a gallon of regular in Cincinnati stood at $3.86 per gallon, according to the website, while nationwide the average price for a gallon of regular stood at $3.86 per gallon to start the week.

"As we push deeper into September, the more optimistic I am that these high prices will begin to come down slightly, but with the recently announced QE3, I'm a bit concerned that prices won't moderate as much as previously expected as the dollar weakens, leading me to believe 2012 will have featured the highest yearly average ever," Patrick DeHaan, senior petroleum analyst for GasBuddy.com, said in a release.

For the latest reported gas prices in Northern Kentucky and Greater Cincinnati, click here .