MO gas prices creep on national average

Missouri average retail gasoline prices were relatively flat during the week of May 2-8, ticking up 0.8 cents to an average of $3.82 a gallon May 8. Comparatively, the national average fell 0.8 cents per gallon during the week to $3.93 a gallon.

The state's gas average has increased 18.6 cents per gallon in the last month and is $1.08 higher than a year ago. The nationwide average rose 19.4 cents per gallon during the last month and shows a 100-cent increase compared to the same time last year, according to a GasBuddy.com news release.

The least-expensive gas in Missouri could be found for $3.49 a gallon in Lebanon as of 8:55 a.m., while the highest priced gas was $4.08 in O'Fallon, near St. Louis.

This morning, Missouri ranked 17th among the U.S. in terms of gas price. Wyoming, Montana and Colorado made up the Top 3 spots, respectively.
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The cheapest gas in Springfield was $3.67 a gallon at two Sam's Club locations at 745 W. El Camino Alto St., and 3660 E. Sunshine St.

The U.S. price per barrel for crude oil was $116.28 as of April 29, compared to $81.27 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 June were trading at $99.51 a barrel on the New York Mercantile Exchange as of 9:06 a.m., according to the CME Group. June futures were trading at $114.38 a barrel the morning of May 2, according to Springfield Business Journal archives.

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