AAA Missouri Weekend Gas Watch: Gas prices begin to rise

ST. LOUIS, Mo. (KBSI)- The statewide gas price average in Missouri is $3.26 for a gallon of regular unleaded fuel, according to the AAA Missouri Weekend Gas Watch.

That price is seven cents more compared to this day last week and is 21 cents more per gallon compared to this day last year. Of the major metropolitan areas surveyed in Missouri, drivers in St. Louis are paying the most on average at $3.43 while drivers in Joplin are paying the least at $3.05 per gallon.

The national average price for a gallon of regular unleaded is $3.53, which is 12 cents more compared to this day last week and nine cents less than the price per gallon at this same time last year, according to AAA Gas Prices

Seasonal travel demand, rising crude oil prices, and refinery switchover to summer-blend fuel is driving gas prices higher across Missouri.

West Texas Intermediate crude oil has climbed $4 per barrel over the last month.

As crude oil constitutes a substantial portion, at least 50%, of each gallon’s cost, its price hike directly impacts consumers. Moreover, the switch to pricier summer blend fuel, over the next couple months, is anticipated to elevate the state’s gas price average by an additional 5 to 20 cents.

“This is the time of year when gas prices usually start to increase thanks to seasonal demand and the switchover to summer blend fuel,” said AAA spokesperson Nick Chabarria. “In addition, crude oil, the main ingredient in gas, is getting more expensive.”

According to AAA drivers in Missouri are paying the 13th lowest gas price average in the country, according to gasprices.aaa.com.