(KTTS News) — Gas prices in Missouri fell four cents a gallon compared to last week.
AAA Missouri says the average price statewide is now $3.35 per gallon.
Drivers in Springfield are paying about $3.36 gallon, down from $3.43 gallon last week.
Kansas City, St. Louis, and Jefferson City has the highest gas prices at $3.37 gallon.
Cape Girardeau has the cheapest at $3.23 gallon.
A spokesman says crude oil prices have dipped, but fluctuations are still possible ahead of the busy summer travel season.
Press Release
The statewide gas price average in Missouri is $3.35 for a gallon of regular unleaded fuel, according to the AAA Missouri Weekend Gas Watch. That price is four cents less compared to this day last week and is 41 cents less 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 $3.37 while drivers in Cape Girardeau are paying the least at $3.23 per gallon. The national average price for a gallon of regular unleaded is $3.64, which is five cents less compared to this day last week and 50 cents less than the price per gallon at this same time last year, according to AAA Gas Prices.
Crude oil prices have recently dropped – allowing for some relief at the pump. The energy markets continue to balance the outlook for what should be strong demand for summer travel with uncertainty around an economic slowdown, elevated inflation levels, and a possible interest rate hike. Looking ahead to May, and the summer, many experts indicate that Americans are excited to hit the road for summer travel, which will put more pressure on demand for fuel.
“After climbing to its highest point in nearly six months last week, the statewide gas price average has receded slightly,” said AAA spokesperson Nick Chabarria. “Crude oil prices have dipped after climbing above $80 per barrel earlier this month. While retail gas prices are down from last week, fluctuations remain possible, and prices could rebound as what’s expected to be a very busy summer driving season is just around the corner.”
Drivers in Missouri are paying the 10th lowest gas price average in the country, according to gasprices.aaa.com. Meanwhile, drivers in California are the paying the most at $4.88 on average for a gallon of regular unleaded.
