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Local gas prices continue to fall

The price of regular gasoline in Fredericktown at all stations was below $2 per gallon Saturday with one exception at $2.04.

Midgrade gas was selling at $2.07 and $2.14 and premium was at $2.07 and $2.29 a gallon respectively at two locations.

According to the website www. Gasbuddy.com the average price per gallon in Missouri is $1.96 for regular grade. The national price for crude oil has plummeted recently to its current level of $56.66 per barrel.

According to AAA the national average is $2.31 which is a drop of nearly a dollar from last year. These are the lowest prices the country has seen in almost five years.

Over the last month the price of a gallon of gas in the U.S. has fallen by approximately $0. 50 from $2.81 to $2.31.

Currently the average price of a regular gallon of gas ranges from $1.96 to $2.75 in the continental United States. Missouri and Oklahoma with prices averaging $1.96 and $1.99 are the lowest and Connecticut and Vermont are the highest at $2.72 and $2.75.

States that have kept their prices just above the $2 mark and maxing out at $ 2.08 are Kansas, Indiana, Ohio, Texas and Michigan. There are several states that have kept their prices below the $2.20 mark and they include; Mississippi, Iowa, South Carolina, Kentucky, New Mexico, Tennessee, Louisiana, Minnesota, Arkansas, Alabama and Arizona. Prices are continuing to fall in all states including Alaska and Hawaii where prices are still well over $3.00 per gallon.

<span><p class=The price of regular gasoline in Fredericktown dropped below $2 per gallon Saturday for the first time in almost five years.” width=”800″ /> The price of regular gasoline in Fredericktown dropped below $2 per gallon Saturday for the first time in almost five years.

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