MO gas average rises 56 cents month-to-month

Missouri's average gas price jumped 19.4 cents during the past week to $3.62 per gallon yesterday, a 55.9-cent increase compared to the same day a month ago. The average also rose 16.7 cents year-to-year.

The U.S. average, which increased 11.9 cents last week to $3.68 per gallon, has jumped 42.2 cents month-to-month and 16.7 cents year-to-year, according to a GasBuddy.com news release.

"The steady climb of retail gas prices is likely to continue following double-digit increases in wholesale prices with fuel production tightening in the majority of the country's refineries," GasBuddy.com senior petroleum analyst Gregg Laskoski said in the release.

Missouri's average rose another 3 cents this morning, ranking the state No. 22 on GasBuddy.com's list of the lowest gas averages in the nation. At $3.13 per gallon, Wyoming had the lowest average, while Hawaii had the highest average of $4.31 per gallon.

The lowest price in Missouri, $3.25 per gallon, was available at three filling stations this morning in Scott City. At $3.90 per gallon, the highest-priced gas was selling at a station in Jefferson City, according to MissouriGasPrices.com.

In Springfield, the Sam's Club locations at 3660 E. Sunshine St. and 745 W. El Camino Alto Drive had the lowest price, at $3.46 per gallon. Two Conoco stations at 1207 W. Kearney St. and 2720 W. Kearney St. had gas available for $3.57 per gallon, while myriad stations in town were selling at a price point of $3.59 per gallon.

West Texas Intermediate crude oil was trading at $96.08 per barrel as of 9:38 a.m. Light sweet crude oil futures for March were trading at $95.67 per barrel on the New York Mercantile Exchange.[[In-content Ad]]