Gas analysts report monthly, yearly price increases in MO

Missouri's average retail gasoline prices may have fallen 1.1 cents during the week of Oct. 24.-30 to $3.20 per gallon yesterday, but prices are 3.1 cents higher than a month ago and 58.4 cents higher than a year ago.

Still, Missouri prices were the lowest in the nation this morning, according to GasBuddy.com's list of lowest gas price averages by state. The state has either been at or near the top spot for several weeks.

The nationwide average decreased by 0.6 cents during the week, averaging $3.46 per gallon yesterday, 1.2 cents lower than a month ago but 65.5 cents higher than a year ago, according to a GasBuddy.com news release.

"The national average for gasoline has barely climbed, even as crude has gained some $20 (per barrel) from the lows we saw nearly six weeks ago," GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said in the release, predicting a slow climb in the U.S. average during this week.

As of 9:12 a.m., the least expensive gas in Missouri was selling for $3.04 per gallon at stations in Sikeston, Hayti, Mehlville and Concord. The most expensive gas, $3.44 per gallon, was selling at two stations in Branson.

The lowest cost for gas in Springfield was $3.08 per gallon, available at Sam's Club, 745 W. El Camino Alto Drive.

Light sweet crude oil futures for December were trading at $91.79 a barrel on the New York Mercantile Exchange as of 9:14 a.m., according to the CME Group.
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