State gas average moves to $3.45 per gallon

The state's retail gasoline average fell 4.1 cents per gallon during the week of Sept. 5-11 to $3.45 per gallon yesterday. Comparatively, the nationwide average was flat during the week, landing on $3.66 per gallon Sept. 11.

Missouri's prices yesterday were 7.2 cents per gallon higher than a month ago and 84.7 cents per gallon higher than a year ago. The national average has increased 5.1 cents per gallon in the last month and 93.3 cents per gallon in the last year, according to a GasBuddy.com news release.

As of 10:06 a.m., the least expensive gas in the state was available for $3.13 per gallon at two filling stations in St. Charles and Concord, which are both near St. Louis. The most expensive gas, $3.69 per gallon, was selling at a station in Kirkwood, also near St. Louis.

In Springfield, the cheapest gas was $3.45 per gallon, available at both Sam's Club locations.

On GasBuddy.com's list of lowest gas price averages by state, Missouri ranked No. 2, behind South Carolina.

GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said a drop in wholesale gas prices during the week could mean the national average could begin to fall.

"While I'm hopeful we'll start to see lower retail gasoline prices in the days ahead, we have seen considerable volatility, and I'd hate to see the market move higher ... negating any expected drop in retail prices," DeHaan said in the release.

According to the CME Group, light sweet crude oil futures for October were trading at $87.48 a barrel on the New York Mercantile Exchange as of 10:18 a.m.

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