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State gas average falls 10 cents in past week

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Missouri's average retail gasoline prices fell 10.1 cents per gallon during the week of June 20-26, averaging $3.38 per gallon yesterday.

State prices yesterday were 23.2 cents per gallon lower than a month ago but 81.8 cents per gallon higher than the same day a year ago, according to a GasBuddy.com news release.

As of 10:25 a.m., the least expensive gas in the state could be found for $3.10 per gallon in Lebanon. The most expensive gas was available for $3.79 per gallon in Kansas City.

The cheapest Springfield gas was $3.16 per gallon at Sam's Club, 745 W. El Camino Alto St., according to MissouriGasPrices.com.

Missouri recorded the fourth-lowest gas price average in the nation this morning, falling behind South Carolina at the top spot, Ohio, No.2, and Oklahoma, No. 3.

The national gas average dropped 6.5 cents per gallon during the week to $3.58 per gallon, 21 cents per gallon lower than a month ago and 84 cents per gallon higher than a year ago.

The U.S. price per barrel for crude oil was $105.97 as of June 17, compared to $71.77 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 $90.63 a barrel on the New York Mercantile Exchange as of 10:38 a.m.
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