MERIC NEWS LETTER


Gas TankMissouri Fuel Gauge Report


According to the AAA Daily Fuel Gauge Report, as of September 26, 2011 the retail price for a gallon of regular unleaded gasoline in Missouri averaged $3.19 per gallon, 35 cents lower than the national average of $3.54. Missouri pump prices were lowest in the nation.

Although weather and geopolitical events can affect fuel prices quickly, theGas Graph September 26, 2011 recent decrease in gas prices has had many people wondering, why? The cost of crude oil in the global marketplace helps dictate the price of gasoline, and with economic conditions uncertain overseas, the demand for oil has dropped, resulting in lower gas prices we are seeing today. The graph to the right shows that average gas prices in Missouri have been consistently lower than the U.S. average.

Missouri posted the lowest gas prices in the nation, with South Carolina, Tennessee and Texas following.

Top Ten Lowest Gas Price in the Nation
State Regular Mid Premium Diesel
Missouri  $3.19 $3.26 $3.41 $3.68
South Carolina  $3.24 $3.37 $3.51 $3.71
Tennessee  $3.29 $3.41 $3.55 $3.74
Texas  $3.31 $3.45 $3.58 $3.70
Louisiana  $3.32 $3.48 $3.60 $3.71
Ohio  $3.32 $3.42 $3.53 $3.83
Mississippi  $3.33 $3.46 $3.60 $3.72
Georgia  $3.34 $3.50 $3.65 $3.80
Oklahoma  $3.34 $3.42 $3.55 $3.68
Alabama  $3.35 $3.50 $3.64 $3.75

Missouri gas prices have dropped 29 cents this past month. Average diesel prices are $3.68 per gallon, 3 cents lower than the Missouri pump prices one month ago.

Hawaii topped gas prices in the nation at $4.24 a gallon followed by Alaska with $3.98. For a list of all of the states, click here.

Missouri and Its Neighbors

Missouri gas prices were the lowest of all its neighboring states, lower than Tennessee, Oklahoma and Arkansas. Illinois has the highest average gas prices at $3.62 a gallon followed by Nebraska at $3.55.

Missouri Metro Areas

Missouri Border States' Gas Prices
State Regular Mid Premium Diesel
Missouri  $3.19 $3.26 $3.41 $3.68
Tennessee  $3.29 $3.41 $3.55 $3.74
Oklahoma  $3.34 $3.42 $3.55 $3.68
Alabama  $3.35 $3.50 $3.64 $3.75
Arkansas  $3.36 $3.49 $3.64 $3.78
Kentucky  $3.37 $3.47 $3.58 $3.79
Kansas  $3.38 $3.46 $3.59 $3.80
Iowa  $3.50 $3.42 $3.64 $3.77
Nebraska  $3.55 $3.47 $3.66 $3.80
Illinois  $3.62 $3.76 $3.91 $3.85


St. Louis had the lowest gas prices in Missouri at $2.97 per gallon, followed by Columbia($3.04) and Kansas City($3.29).

Missouri  Metro Averages
Area Regular Mid Premium Diesel
St. Louis (MO only)  $2.97 $3.11 $3.24 $3.64
Columbia  $3.04 $3.09 $3.29 $3.75
Kansas City (MO only)  $3.29 $3.41 $3.54 $3.69
St. Joseph  $3.30 $3.44 $3.55 $3.69
Springfield  $3.30 $3.40 $3.52 $3.64

Source: AAA Daily Fuel Gauge Report, CNN

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