(KTTS News) — Gas prices have soared in Missouri over the past week.
The average price for regular unleaded in Springfield is now $3.84 a gallon, up more than 32 cents a gallon compared with last week.
That’s the highest price in the state.
At noon Thursday, gas prices in Springfield ranged from $3.64 a gallon to $3.89 according to GasBuddy.com.
The average price in Missouri is now $3.69 a gallon.
AAA Missouri says the Show-Me State is one of 16 states that saw gas prices increase more than ten cents over the past week.
Press Release
The statewide gas price average in Missouri is $3.69 for a gallon of regular unleaded fuel, according to the AAA Missouri Weekend Gas Watch. That price is 17 cents more compared to this day last week and is 36 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Missouri, drivers in Springfield are paying the most on average at $3.84 while drivers in Cape Girardeau are paying the least at $3.39 per gallon. The national average price for a gallon of regular unleaded is $3.86, which is six cents more compared to this day last week and 16 cents more than the price per gallon at this same time last year, according to AAA Gas Prices.
Missouri is one of 16 states that saw gas prices increase more than ten cents on the week. Prices at the pump continue to climb amid year-high crude oil prices. Crude oil prices are up by nearly two dollars per barrel compared to last week, maintaining a mostly steady ascent since June. Given that crude oil comprises approximately 50 to 60 percent of each gallon’s cost, the elevated crude prices could hinder the typical September drop in gas prices.
“Fall is typically a time when drivers see a slight decline in prices as gasoline distributors switch to winter blend, a gasoline formula cheaper to produce.” said AAA Spokesperson Nick Chabarria. “But crude oil prices, hovering around $90 per barrel, are negating any price offset at the moment.”
Drivers in Missouri are paying the 19th lowest gas price average in the country, according to gasprices.aaa.com.
Prices up to date at press time using market prices posted at 3:41 a.m. Motorists can find current gas prices along their route with the free and revamped AAA App for iPhone, iPad and Android. The app can also be used to map a route and learn traffic conditions along that route, find discounts, locate parking, book a hotel and request and track AAA roadside assistance. Learn more at AAA.com/mobile.
