State gas average rises 4.3 cents

Missouri average retail gasoline prices rose 4.3 cents per gallon during the week of April 25-May 1, averaging $3.80 a gallon yesterday.

State prices have increased 31.1 cents per gallon during the last month and are $1.03 a gallon higher than a year ago, according to a GasBuddy.com news release.

As of 9:10 a.m., the least expensive gas prices in the state could be found for $3.61 a gallon at two stations in Warrensburg and one station in Cape Girardeau. The highest cost per gallon was $4.13, available at a station in St. Louis.

The cheapest Springfield gas was $3.69 a gallon at Sam's Club, 745 W. El Camino Alto St., according to MissouriGasPrices.com.

The nationwide gas average increased by 7.1 cents per gallon during the week to $3.92 a gallon on May 2, which is 29.2 cents per gallon higher than a month ago and a $1.01 per gallon increase from the same day last year.

The U.S. price per barrel for crude oil was $114.96 as of April 15, compared to $81.64 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 June were trading at $114.38 a barrel on the New York Mercantile Exchange as of 9:18 a.m., according to the CME Group. June futures were trading at $112.18 a barrel the morning of April 25, according to Springfield Business Journal archives.

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