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MO gas average drops 3.9 cents

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Missouri's average retail gasoline prices decreased 3.9 cents per gallon during the week of June 13-19, averaging $3.50 per gallon yesterday.

State prices yesterday were 20.1 cents per gallon lower than a month ago but 89.7 cents per gallon higher than a year ago, according to a GasBuddy.com news release.

As of 9:50 a.m., the least expensive gas in the state was available for $3.25 per gallon in Lebanon. The most expensive price, $3.79 per gallon, was available at two stations in Monett and Kansas City.

The cheapest Springfield gas - and also the third least expensive in the state - was $3.28 per gallon, available at the city's two Sam's Club locations, according to MissouriGasPrices.com.

Missouri recorded the ninth-lowest gas price average in the nation this morning, falling behind South Carolina at the top spot and adjacent states Mississippi, No. 2; Oklahoma, No. 3; Tennessee, No. 4; and Arkansas, No. 5.

The nationwide average fell 4.8 cents per gallon from June 13-19 to $3.50 per gallon yesterday, 19 cents per gallon lower than a month ago and 92.7 cents per gallon higher than the same day last year, according to the release.

The U.S. price per barrel for crude oil was $105.36 as of June 3, compared to $68.26 per barrel a year before, according to the most recent data available from the U.S. Energy Information Administration.

According to the CME Group, light sweet crude oil futures for July were trading at $92.66 a barrel on the New York Mercantile Exchange as of 10:05 a.m., compared to $98.81 the morning of June 13.

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