MO gas average shows 73-cent increase from last year

Missouri's average retail gasoline prices rose 10.8 cents per gallon during the past week, averaging $3.31 a gallon March 6.

State prices are 35.5 cents a gallon higher than a month ago and have increased 73.1 cents a gallon from the same time last year, according to a GasBuddy.com news release.

As of 9:15 a.m., the cheapest gas in the state was $3.20 a gallon at Phillips 66, 820 E. Battlefield Road, in Springfield. The most expensive gas was $3.52 a gallon at a BP station in Raymore.

The national average March 6 was $3.47 a gallon, an increase of 36 cents from a month ago and 73.6 cents from a year ago.

The U.S. price per barrel for crude oil was $97.29 as of Feb. 25, compared to $75.51 per barrel a year before, according to the most recent data available from the U.S. Energy Information Administration.

April light sweet crude oil futures were trading at $105.12 a barrel on the New York Mercantile Exchange as of 9:20 a.m., according to the CME Group. April futures were trading at $97.76 a barrel the morning of Feb. 28, according to Springfield Business Journal archives.
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