(KTTS News) — The average gas price in Missouri is now down to about $3.00 a gallon.
The statewide average for a gallon of unleaded fuel is now $3.04 a gallon, down nine cents compared to last week and 34 cents from one year ago.
Gas prices have fallen for the eighth week in a row.
Drivers in Joplin and Springfield are paying the cheapest price at $2.84 a gallon.
Jefferson City has the highest average price of $3.22 a gallon.
AAA Missouri says the last time gas prices were around the $3 mark was March 6.
Press Release
The statewide gas price average in Missouri is $3.04 for a gallon of regular unleaded fuel, according to the AAA Missouri Weekend Gas Watch. That price is nine cents less compared to this day last week and is 34 cents less per gallon compared to this day last year. Of the major metropolitan areas surveyed in Missouri, drivers in Jefferson City are paying the most on average at $3.22 while drivers in Joplin and Springfield are paying the least at $2.84 per gallon. The national average price for a gallon of regular unleaded is $3.40, which is five cents less compared to this day last week and 40 cents less than the price per gallon at this same time last year, according to AAA Gas Prices.
The Missouri statewide gas price average crept closer to reaching $3 per gallon this week – a benchmark not seen since March 6th. This marks the 8th consecutive week of decline. Another week of stable fuel regional fuel supplies and a decrease in gasoline demand are contributing factors. Additionally, crude oil prices, which account for nearly 60% of the final pump price, continue to decline as well, reaching a four-month low.
“Gas prices are on the decline, nearing $3 per gallon for regular unleaded,” said AAA Spokesperson Nick Chabarria. “If that trends continue, it will be welcome news for the millions of Americans AAA expects to hit the road for Thanksgiving*.”
*Please be on the lookout for AAA’s full Thanksgiving Travel Forecast which is scheduled to be released Monday, November 13th.
Drivers in Missouri are paying the 12th lowest gas price average in the country, according to gasprices.aaa.com.
