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State gas average falls 10 cents

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The Missouri gas average fell 10 cents during the past week to $3.29 per gallon yesterday.

The June 30 average, determined via a GasBuddy.com survey of 3,940 filling stations, represents a 28.5-cent decrease month to month but a 12-cent increase year to year. The national average, which dipped 5.7 cents to $3.50 per gallon during the past week, has decreased 13.6 cents during the past month but increased 12.9 cents during the past year, according to a news release.

"After an impressive surge abated several weeks ago, we're seeing gasoline prices decline nicely," GasBuddy.com senior petroleum analyst Patrick DeHaan said in the release. "The national average is likely to continue its decline this week as retail prices catch up to the decrease in wholesale gasoline prices."

This morning, Missouri ranked No. 8 on GasBuddy's list of the lowest averages in the nation. With an average of $3.15 per gallon, South Carolina ranked No. 1, while Hawaii bottomed out the list at $4.30 per gallon.

The lowest price in Missouri this morning was $2.99 per gallon, available at a station in Joplin. A high price point of $3.59 per gallon was selling at stations in Harrisonville and Trenton, according to MissouriGasPrices.com.

In Springfield, the lowest price of $3.19 per gallon could be found at three stations:
  • Sam's Club, 745 W. El Camino Alto Drive;
  • Shell, 1455 E. Independence St.; and
  • Conoco, 1402 E. Republic Road.
West Texas Intermediate crude oil was trading at $96.56 per barrel as of 9:49 a.m. Light sweet crude oil futures for August were trading at $97.96 per barrel on the New York Mercantile Exchange.[[In-content Ad]]

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