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Missouri Weekly Fuel Update and Outlook

MISSOURI, July 24 –– Average retail gasoline prices in Missouri have risen 0.9 cents per gallon in the past week, averaging $2.04/g yester-day, according to GasBuddy’s daily survey of 3,940 gas outlets in Missouri. This compares with the national average that has increased 2.1 cents per gallon in the last week to $2.27/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Missouri during the past week, prices yesterday were 12.5 cents per gallon higher than the same day one year ago and are 3.7 cents per gallon higher than a month ago. The nation-al average has increased 1.4 cents per gallon during the last month and stands 11.7 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on July 24 in Missouri have ranged widely over the last five years:

$1.91/g in 2016, $2.56/g in 2015, $3.31/g in 2014, $3.54/g in 2013 and $3.34/g in 2012.

Areas near Missouri and their current gas price climate:

Kansas City – $2.10/g, down 2.7 cents per gallon from last week’s $2.13/g.

Topeka – $2.10/g, up 5.0 cents per gallon from last week’s $2.05/g.

St. Louis – $2.17/g, up 2.7 cents per gallon from last week’s $2.14/g.

“Over the last week, gasoline prices have risen across a majority of the country, following the price of oil which has been rising as of late,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. “OPEC’s meeting this week could steal the focus and propel markets higher or lower, depending on the outcome of the meeting, but for now, the most likely outcome would put pressure on oil prices to rise, especially if there’s talk of another oil production cut from the cartel. Unfortunately, motorists are likely to see gasoline prices continue to rise in more places than prices fall, but it’s not all bad news- gasoline prices nationally continue to hold somewhat near their summer lows, something that wasn’t at all expected earlier this year.”

About GasBuddy 

GasBuddy is the technology com-pany changing the way more than 60 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leverag-ing technology, big data, and a passionate community that now con-nects more than 60 million users with real-time, accurate fuel pricing information as well as reliable re-views of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique sta-tions in the United States, Canada, and Australia and is the most com-prehensive money-saving compan-ion while on the road. GasBuddy is available on all mobile platforms.

For more information, visit www.gasbuddy.com

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