MO gas hits $3 a gallon

After weeks of toeing the line, gas prices have reached the $3 watermark.

Missouri's average retail gasoline prices rose 3.8 cents per gallon during the past week, averaging $3 a gallon Feb. 20.

State prices are 2.7 cents per gallon higher than a month ago and have increased 53.6 cents per gallon from the same time last year, according to a GasBuddy.com news release.

As of 9:15 a.m., the cheapest gas prices in the state could be found for $2.70 at a Joplin Kum & Go station, 1827 S. Maiden Lane. The most expensive gas could be found for $3.19 a gallon at Sinclair in Lee's Summit.

The cheapest gas in Springfield could be found for $2.99 a gallon at Murphy USA, 3516 W. Sunshine St.

The national average has risen 4.1 cents per gallon in the last week, 6.9 cents per gallon in the last month and 51.5 cents per gallon in the last year. Average U.S. prices were $3.16 a gallon on Feb. 20.

The U.S. price per barrel for crude oil was $90.13 as of Feb. 11, compared to $70.13 a year before, according to the most recent data available from the U.S. Energy Information Administration.

March light sweet crude oil futures were trading at $89.60 a barrel on the New York Mercantile Exchange as of 9:15 a.m., according to the CME Group.
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