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Gas Dips Below $3 at Some St. Louis-Area Stations

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ST. LOUIS (AP) – For the first time this year, gasoline prices have dipped below $3 per gallon at some stations in the St. Louis area.

The price for a gallon of regular unleaded was down to $2.99 at many locations on Wednesday. The average price of a gallon of gas in St. Louis was last below $3 in December. AAA Missouri says the average price in St. Louis isn’t there yet the average on Wednesday was $3.05.

Mike Right of AAA told the St. Louis Post-Dispatch that the price is dropping because of strong Midwestern supplies and lower demand.

© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

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