Gas Prices Dropping As Fast As Temperatures Are Rising
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ST. LOUIS (KMOX) – As temperatures continue to rise, gas prices are dropping across the region.
New figures show that the average price for fuel dropped 14.5 cents per gallon over the past week, more than two cents a day.
The average pump price in the St. Louis area is now $3.23 for regular unleaded, well below the national average of $3.53.
The current average is more than 32-cents per gallon lower that it was just one month ago.
However, analyst Patrick DeHaan with www.gasbuddy.com says this may or may not last, depending on reaction to the election in Greece and its resulting impact on the debt crisis in Europe.
“Outside of that situation, West Coast wholesale gasoline prices are now among the lowest in the nation with California, Oregon, and Washington seeing their averages drop back under $4/gallon, while the nation’s midsection may see prices rising in the week ahead,” DeHaan said.