Missouri gas prices jump nearly 9 cents

The average price of gas in the Show-Me State rose 8.7 cents during the past week to $2.07 per gallon yesterday, according to GasBuddy.com's daily survey of 3,940 filling stations statewide.

Comparatively, the national average moved up 3.3 cents to $2.25 per gallon, according to a news release.

With the latest change, Missouri’s average yesterday was 2.8 cents higher than a month ago but 16.8 cents lower than a year ago. National prices have increased 7.9 cents in the past month but decreased 6.1 cents in the past year.

“Crude oil prices rose to over $50 per barrel as markets weighed the possibility of OPEC cutting production," said Patrick DeHaan, senior petroleum analyst for GasBuddy, in the release. "Moving forward, oil may be on shaky ground as signs emerge that OPEC may not cut production as they indicated two weeks ago.

“The Saudis recently cut crude oil prices to some customers for November delivery, a fresh sign the kingdom is staying aggressive about market share. This could lead to some relief as we head toward the holidays.”

Missouri ranked seventh this morning on GasBuddy’s list of the lowest averages in the nation. With a $2.01 average, Texas was No. 1, while Hawaii was last at $2.85 per gallon.

This morning, the lowest price of gas statewide was $1.85 per gallon at three stations in Peculiar, near Kansas City. The highest price was $2.39 per gallon at several stations around the state.

The lowest reported price in Springfield was $1.89 per gallon at Pilot Flying J, 4939 W. Chestnut Expressway, as well as a Cenex station at 3901 W. Chestnut Expressway.

West Texas Intermediate crude oil was trading at $51.43 per barrel as of 9:56 a.m., compared with a 52-week range of $34.10 to $53.39.