MO gas average rises slightly to $3.59 per gallon

Missouri gasoline prices averaged $3.59 per gallon June 5 after rising 0.6 cents per gallon during the week of May 30-June 5.

State prices yesterday were 27 cents per gallon lower than a month ago and $1.04 per gallon higher than the same day last year, according to a GasBuddy.com news release.

As of 8:30 a.m., the cheapest gas in the state was available for $2.99 per gallon in Fredericktown, which is about 60 miles northwest of Cape Girardeau. The most expensive gas could be found for $3.85 per gallon in St. Joseph.

The least expensive gas in Springfield was $3.46 per gallon at Sam's Club, 745 W. El Camino Alto St., according to MissouriGasPrices.com.

Missouri had the sixth-lowest gas price average in the nation this morning, falling behind Mississippi at the No. 1 spot and adjacent states Oklahoma and Arkansas, No. 4 and No. 5, respectively.

The U.S. price per barrel for crude oil was $103.19 as of May 27, compared to $65.45 per barrel a year before, according to the most recent data available from the U.S. Energy Information Administration.

Light sweet crude oil futures for July were trading at $99.89 a barrel on the New York Mercantile Exchange as of 8:48 a.m., according to the CME Group.
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