SAINT LOUIS, MO (KMOX) - Motorists are seeing a little relief at the pump this week. AAA reports the statewide average for a gallon of regular unleaded is $3.94 in Missouri.
AAA adds, that price is 20 cents less compared to this day last week, yet is $1.10 more per gallon compared to this day last year.
Of the major metropolitan areas surveyed in Missouri, drivers in Jefferson City and St. Louis are paying the most on average at $4.07 while drivers in Joplin are paying the least at $3.68 per gallon. The national average price for a gallon of regular unleaded is $4.28, which is 16 cents less compared to this day last week and $1.12 more than the price per gallon at this same time last year, according to AAA Gas Prices.
The Missouri statewide gas price average dropped below $4 per gallon the week of July 26th for the first time since May 11th. A release from AAA points out, "Prices continue their decline as the oil and gasoline markets weigh the potential of an economic slowdown against strong demand for fuel products and supply volatility with the ongoing war in Ukraine. Crude oil prices remain sensitive to headlines and July is still a leading month for travel. It is unclear how long downward pressure will remain on the price at the pump with all of these market forces at play."
Related
Drivers in Missouri are paying the 11th lowest gas price average in the country, according to gasprices.aaa.com. Meanwhile, AAA reports drivers in California are the paying the most at $5.66 on average for a gallon of regular unleaded.