After rising by nearly 16 cents the
prior week, Missouri’s average cost of gas dropped 11 cents to $2.44 per gallon yesterday.
With the drop, the Show-Me State’s average is 11.3 cents lower than a month ago and 84 cents below the same day last year. The national average, which decreased by 7.1 cents to $2.60 per gallon yesterday, has fallen 12.8 cents during the past month and 82.8 cents the past year, according to a
GasBuddy.com news release.
"The Midwest saw gasoline prices plunge after it was reported that BP was looking to bring its Whiting refinery online in the days ahead,” said Patrick DeHaan, GasBuddy senior petroleum analyst, in the release. “Should this eventually be confirmed, prices could fall through at least Labor Day in the Midwest.”
Missouri’s average again dropped this morning to $2.38 per gallon, ranking the state No. 14 on
GasBuddy’s list of the lowest averages in the nation. At $2.10 per gallon, South Carolina was No. 1, while California was at the bottom with its average of $3.48 per gallon.
A filling station in Festus, near St. Louis, was selling gas this morning at $2.11 per gallon, the least expensive price in Missouri, according to
MissouriGasPrices.com. The highest price, $3.33 per gallon, was available at an Osage Beach station.
In Springfield, the lowest price was $2.31 per gallon at Price Cutter Express, 1260 St. Louis St., followed by $2.34 per gallon at both Sam’s Club stores. Elsewhere across the city, prices ranged from $2.35 to $2.40 per gallon.
As of 9:38 a.m.,
West Texas Intermediate crude oil was trading at $38.86 per barrel, compared to a $42.11 a week ago.
Light sweet crude oil futures for October were trading at $38.86.
