(KTTS News) — Gas prices are up again this week in Missouri.
AAA Missouri says drivers in Springfield are paying $3.52 a gallon, compared to $3.43 a gallon in Joplin.
The cheapest gas is in Cape Girardeau where it’s $3.40 a gallon.
The average price for a gallon of gas in Missouri is $3.52 a gallon.
Nationwide it’s $3.80 a gallon.
AAA Missouri says crude oil jumped to its highest price of year last week, hovering around $87 per barrel.
The surge follows reports that Russia and Saudia Arabia will extend production cuts, about 1.3 million barrels daily, through the end of the year.
While crude oil prices remain elevated, drivers should expect prices at the pump to increase.
Some relief may be on the horizon as summer blend gasoline requirements, which adds to overall cost, are set to expire for the year next week.
Press Release
The statewide gas price average in Missouri is $3.52 for a gallon of regular unleaded fuel, according to the AAA Missouri Weekend Gas Watch. That price is three cents more compared to this day last week and is 16 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Missouri, drivers in Kansas City are paying the most on average at $3.60 while drivers in St. Joesph are paying the least at $3.41 per gallon. The national average price for a gallon of regular unleaded is $3.80, which is two cents less compared to this day last week and four cents more than the price per gallon at this same time last year, according to AAA Gas Prices.
Crude oil jumped to its highest price of year last week, hovering around $87 per barrel. The surge follows reports that Russia and Saudia Arabia will extend production cuts, about 1.3 million barrels daily, through the end of the year. While crude oil prices remain elevated, drivers should expect prices at the pump to increase. Some relief may be on the horizon as summer blend gasoline requirements, which adds to overall cost, are set to expire for the year next week.
“After a brief decline around the Labor Day weekend, gas prices around many major Missouri metro areas saw increases on the week,” said AAA Spokesperson Nick Chabarria. “Higher crude oil prices is largely to blame for the increase as crude oil accounts for about 60 percent of the overall price of gasoline.”
Drivers in Missouri are paying the 10th lowest gas price average in the country, according to gasprices.aaa.com.
