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Mo. gas average falls 9 cents

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The Show-Me State's average retail gas price dropped 9.2 cents during the past week to $3.14 per gallon yesterday, according to GasBuddy.com's survey of 3,940 filling stations in Missouri.

The state's gas average was 16.8 cents lower than a month ago and 24.2 cents lower than a year ago. The U.S. average, which fell 4.2 cents during the past week to $3.39 per gallon, has decreased 6.7 cents during the past month and 14.9 cents during the past year, according to a news release.

"Not a single state saw its gas price average rise in the last week," said Patrick DeHaan, GasBuddy senior petroleum analyst, in the release. "Over the next month or two, it is likely the national average will fall another 10-20 cents per gallon to some of the lowest prices of 2014."

Missouri's gas average ticked down another cent today, landing the state at No. 3 on GasBuddy's list of the lowest gas averages in the nation. It was eclipsed only by South Carolina and Mississippi, both at $3.11 per gallon. With an average of $4.26 per gallon, Hawaii was selling the most expensive gas on the list.

Springfield was home to the lowest gas prices in the state this morning. The two Sam's Club stores, 745 W. El Camino Alto Drive and 3660 E. Sunshine St., were selling gas at $2.90 per gallon. The Dillons store at 1260 E. St. Louis St. had fuel for $2.91 per gallon, while the Conoco at 1402 E. Republic Road priced gas at $2.93 per gallon. A station in Carthage had the most expensive gas in the state, at $3.49 per gallon, according to MissouriGasPrices.com.

West Texas Intermediate crude oil was trading at $92.27 per barrel as of 9:07 a.m., compared to $93.29 per barrel a week ago. Light sweet crude oil futures for October were trading at $92.35 per barrel on the New York Mercantile Exchange.[[In-content Ad]]

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