Marina
Missouri motorists are experiencing a welcome decrease in fuel prices as the average cost for a gallon of regular unleaded gasoline has dropped to $2.84, according to AAA Missouri’s latest report.
This marks a two-cent decrease from the previous week and a 29-cent reduction compared to the same period last year.
Comparative Overview: Missouri vs. National Averages
While Missouri’s average stands at $2.84, the national average for regular unleaded gasoline is $3.15 per gallon. This positions Missouri as one of the states with the most affordable fuel prices in the country.
Regional Breakdown of Gas Prices in Missouri
Gas prices vary across Missouri’s metropolitan areas:
| City | Regular ($) | Mid-Grade ($) | Premium ($) | Diesel ($) |
|---|---|---|---|---|
| Columbia | 2.96 | 3.23 | 3.54 | 3.20 |
| Springfield | 2.69 | 3.00 | 3.30 | 3.06 |
| Kansas City | 2.91 | 3.25 | 3.56 | 3.27 |
| St. Louis | 2.89 | 3.26 | 3.55 | 3.16 |
| Jefferson City | 2.91 | 3.23 | 3.56 | 3.23 |
| Joplin | 2.72 | 3.08 | 3.41 | 3.09 |
| Cape Girardeau | 2.82 | 3.20 | 3.59 | 3.19 |
| St. Joseph | 2.78 | 3.22 | 3.45 | 3.24 |
Note: Prices are averages and subject to change.
Factors Influencing the Decline in Gas Prices
Several elements contribute to the recent decrease in gas prices:
- Crude Oil Prices: West Texas Intermediate (WTI) crude oil prices have settled at $62.85 per barrel, a 56-cent decrease from the previous week.
- Gasoline Demand: According to the U.S. Energy Information Administration (EIA), gasoline demand has decreased from 9.45 million barrels per day to 8.26 million barrels per day.
- Gasoline Supply: Domestic gasoline supply has increased from 223.1 million barrels to 228.3 million barrels.
- Gasoline Production: Production has declined, averaging 9 million barrels per day.
AAA Resources for Motorists
AAA offers several tools and programs to assist drivers:
- AAA Mobile App: Available on iPhone, iPad, and Android devices, the app helps users locate the cheapest fuel along their route, check traffic conditions, find discounts and parking, book hotels, and access AAA roadside assistance.
- Approved Auto Repair Program: A free public service connecting drivers with trusted repair shops that meet high standards for training, equipment, cleanliness, and customer service.
- Gas Cost Calculator: An online tool to estimate fuel costs for trips based on current gas prices and vehicle fuel efficiency.
For more information, visit AAA’s Fuel Prices website.
The recent dip in Missouri’s gas prices below $2.85 per gallon offers financial relief to drivers, influenced by decreased crude oil prices, reduced demand, and increased supply.
With AAA’s resources, motorists can make informed decisions to maximize their savings.