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."
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.
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.
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.
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.
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.
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.