Missouri weekly gas price update
Monday, August 29, 2011
Average retail gasoline prices in Missouri have risen 13.3 cents per gallon in the past week, averaging $3.51 per gallon on Sunday.
This compares with the national average that has increased 2.8 cents per gallon in the last week to $3.61 per gallon, according to gasoline price website MissouriGasPrices.com.
Including the change in gas prices in Missouri during the past week, prices yesterday were $1.10 per gallon higher than the same day one year ago and are 8.8 cents per gallon lower than a month ago.
The national average has decreased 9.1 cents per gallon during the last month and stands 91.6 cents per gallon higher than this day one year ago.
"Retail gasoline prices finished last week quite strong in some areas on concern surrounding Hurricane Irene," said Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst.
"The concern surrounding refinery production on the East Coast helped boost gasoline prices outside that area as well. The good news for motorists is that damage to refineries was likely minimal and gasoline production will resume soon. However, with Labor Day weekend fast approaching and these refineries taking days to resume production we still may see retail prices gradually climb during this week," DeHaan adds.
GasBuddy.com operates over 200 live gasoline price-tracking websites, including MissouriGasPrices.com. GasBuddy.com was named one of Time magazine's 50 best websites and to PC World's 100 most useful websites of 2008.
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