MO gas prices drop slightly

Missouri average retail gasoline prices dropped 2.5 cents per gallon from April 11-17, averaging $3.71 a gallon April 17.

State prices are 32.5 cents per gallon higher than a month ago and have increased 94.8 cents per gallon since the same day last year, according to a GasBuddy.com news release.

As of 8:40 a.m., the least expensive gas in the state was available for $3.45 per gallon at three stations in Harrisonville, about 40 miles south of Kansas City. The most expensive was$3.99 a gallon at two stations in St. Louis.

The cheapest price in Springfield was $3.53 per gallon at Sam's Club, 745 W. El Camino Alto St., according to MissouriGasPrices.com.

Nationally, the average gas price increased 3.7 cents per gallon during the week to $3.80 a gallon April 17, 27.4 cents per gallon higher than a month ago and 93.5 cents per gallon higher than the same day a year ago.

The U.S. price per barrel for crude oil was $107.01 as of April 1, compared to $77.77 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 May were trading at $108.06 a barrel on the New York Mercantile Exchange as of 8:50 a.m., according to the CME Group. May futures were trading at $112.12 a barrel the morning of April 11, according to Springfield Business Journal archives.

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