gas prices

futureatlas.com | Flickr

Gas prices are on the rise again in St. Louis after a volatile couple of weeks. The average cost of a gallon of gasoline was $2.33 in St. Louis Saturday.

Prices bottomed out on Friday at an average cost of $2.14 a gallon in the Metro area, a 60 cent drop in less than two weeks. A Festus gas station went down to $1.85.

futureatlas.com | Flickr

If you’ve noticed lower gas prices when filling up, you are not imagining things.

GasBuddy.com's most-recent survey shows the average price for a gallon in the St. Louis region is about 20 cents lower than a week ago.

Shell gas station
(via Flickr/dno1967b)

A new forecast is suggesting gasoline prices in St. Louis will continue to be among the lowest in the nation for 2015.

GasBuddy.com's annual outlook predicts the peak price in the region will range from $2.65 to $2.95 cents a gallon, thanks in part to a decision by Saudi Arabia to continue production even as global oil prices fall.

gas prices, Missouri's gas prices
Maria Altman | St. Louis Public Radio

It’s sticker shock turned upside down.

Filling up your gas tank is almost pleasant as prices at the pump continue to fall. In St. Louis on Monday, a gallon of gas averaged $2.22, but it could be found for as low as $2.07.

While the entire country is seeing lower gas prices, Missouri has averaged the lowest. The American Automobile Association listed the state’s average as $2.25 a gallon on Monday. Meanwhile the average in Illinois was $2.57; in California it was $2.87 and a whopping $2.98 in New York.

Missouri transportation planners are beseeching policymakers to come up with a different way to fund roads.
File photo

If you are traveling the highways over the July 4th holiday weekend, prepare to pay more at the pump. Prices will be higher than last year, mainly due to uncertainty in the Middle East.

"I think the overall problem with Iraq is that it's causing crude oil prices to go up and that's driving up wholesale gasoline prices," said Mike Right, senior vice president of public affairs for AAA Missouri.

"St. Louis is a peculiar market in that they pass along price increases instantly from the wholesale level down to the consumer."

(via Flickr/U.S. Army Corps of Engineers)

Army Corps. seeks dismissal of lawsuit filed on behalf of southeast Mo. farmers

More than 140 southeast Missouri farmers are seeking damage caused by last year's intentional breach of the Birds Point levee at the height of spring flooding.

The Southeast Missourian reports that government attorneys filed a motion to dismiss the suit in the U.S. Court of Federal Claims. Oral arguments in the suit are scheduled to begin April 10 in Washington.

(via Flickr/Senator Roy Blunt)

Missouri Senator Roy Blunt is one of the Republicans blaming President Obama for gas prices that have reached close to $4 per gallon, saying his rejection of the Keystone pipeline hurt the economy.

Obama is defending his energy policies in Oklahoma today, pointing to plans to fast-track an oil pipeline from Oklahoma to Texas that emerged after he delayed the larger Keystone XL pipeline earlier this year.

Even so, Blunt says the president continues to obstruct progress.

UPI/Bill Greenblatt

Missouri Senator Roy Blunt says oil refineries continue to push back on his amendment to the highway bill. The so-called “Boutique Fuels Amendment,” introduced last month, would relax requirements on special blends of gas that are used in different states and cities.

Blunt says the amendment would lower gas prices.

During a conference call with reporters this morning, Blunt said the refineries that were not profit centers for the oil companies before the Clean Air Act now are.

(via Flickr/bradleypjohnson)

For St. Louisans, there is one nugget of good news amidst the plunging Dow and struggling economy: gas prices are falling steeply in the St. Louis area.

Experts say the price of a barrel of oil dropped after Standard & Poor's lowered the nation's credit rating by one notch last week.

The price of gas fell below $3.20 per gallon at many stations in the St. Louis area on Monday. Just a little over a week ago, drivers shelled out more than $3.60 for a gallon of regular unleaded at some stores.

 

 

(Wikimedia Commons/United States Senate)

U.S. Sen. Mark Kirk says exploring natural gas supplies in Illinois and making tax credits for renewable energy permanent could be ways to lower soaring gas prices.

Kirk told reporters Monday that federal officials need to research possibilities for harnessing natural gas from New Albany shale in the Illinois basin.

The Republican also says he'd like to see permits granted more quickly for off shore drilling in the Gulf of Mexico and reduce so-called small gasoline monopolies.

futureatlas.com | Flickr

With lower state taxes on gasoline, among others, Missouri is easily undercutting its border mate, Illinois, when it comes to the price to fill up.

One of the cardinal rules about interstate travel through the Midwest: "gas up before you hit Illinois." Illinois levies a hefty 42 cents per gallon tax on gasoline, among the highest gas taxes in the country.

Check out more of this feature on the Missouri-Illinois border wars for cheap gasoline by our own Adam Allington. It aired on Marketplace Morning Report earlier today.

(Rachel Lippmann/St. Louis Public Radio)

Sen. Claire McCaskill is asking for stricter oversight of a popular U.S. college exchange program after a federal investigation revealed that some non-existent universities are using the program to bring thousands of people into the country illegally.