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MO gas prices jump 15 cents during past week

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Missouri's average retail gasoline prices rose 15 cents per gallon during the week of July 4-10, averaging $3.53 per gallon yesterday.

State prices yesterday were 1.4 cents per gallon lower than a month ago but $1.02 per gallon higher than the same day last year, according to a GasBuddy.com news release.

As of 10 a.m., the cheapest gas in the state was available for $3.24 per gallon at a station in Blue Springs, near Kansas City. The most expensive gas could be found at a station in Bonne Terre, south of St. Louis, for $3.70 per gallon.

The least expensive Springfield gas was $3.38 per gallon at Sam's Club, 745 W. El Camino Alto St., according to MissouriGasPrices.com.

Missouri recorded the 16th-lowest gas price average in the nation this morning, falling behind Arizona at the top spot.

The national gas price average increased 6.3 cents per gallon during the week to $3.63 per gallon yesterday, 9.1 cents per gallon lower than a month ago and 91.7 cents per gallon higher than a year ago.

The U.S. price per barrel for crude oil was $97.45 as of July 1, compared to $72.44 per barrel a year before, according to the most recent data available from the U.S. Energy Information Administration.

According to the CME Group, light sweet crude oil futures for August were trading at $94.23 a barrel on the New York Mercantile Exchange as of 10:06 a.m., compared to $96.62 the morning of July 5.

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