Weekly gas prices rise 6 cents

Average prices are up more than 18 cents per gallon in the last month, according to gas price tracker MissouriGasPrices.com. Statewide prices are still under the national average of $3.51 cents per gallon, which increased by 4.5 cents the last week.

Compared to one year ago, Missouri prices are 37.1 cents per gallon higher, and the national average is up 35 cents.

Gasoline analysts predict the rise to continue.

"If motorists think this is bad, they should really hold on to their chairs," said GasBuddy.com senior petroleum analyst Patrick DeHaan, in a news release. "As we continue to move toward warmer weather, gasoline prices will follow, with prices accelerating higher at a fast pace come late March into April."

As of this morning, Missouri held on to the ninth spot on GasBuddy.com's list of the lease expensive gas by state. Wyoming reported the least expensive gas this morning at $3 per gallon, and Hawaii had the most expensive gas at $4.24 per gallon.

According to MissouriGasPrices.com, the Sam's Club in south Springfield reported the lowest price of gasoline in the state. The store, 745 W. El Camino Alto St., was selling gas to its members for $3.15 per gallon, as of 11:35 a.m.

Chicago-based Gas Buddy Organization Inc. operates a system of more than 250 price-tracking Web sites under GasBuddy.com

West Texas Intermediate crude oil was trading as of 11:34 a.m. at $105.46 per barrel, up from $100.22 a week ago. Light sweet crude oil futures for March were trading at $105.12 a barrel on the New York Mercantile Exchange, according to the CME Group.
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