Gas Prices to Rise, But Missouri May See Smaller Increase
COLUMBIA - Data from GasBuddy.com showed Monday nationwide average gas prices are 31 cents per gallon higher than the same time year. In mid-Missouri, the average retail gasoline price has increased 32 cents in the past month.
This increase is bound to have an effect in the future months. Consumers said their summer plans will either be canceled or delayed.
The executive director of the Missouri Petroleum Marketers and Convenience Store Association Ronald Leone said price increases affect more than consumers.
"No one wants lower prices more than your local convenience store and gas station. When more money is going in tanks, there is less money to spend in the store."
Leone, along with various consumers, said they are nervous prices could increase up to $5 per gallon.
According to GasBuddy.com analyst Greg Laskoski, mid-Missouri gas prices could increase to anywhere between $4 and $4.25 per gallon this summer. The positive news is Missouri will likely have one of the lowest increases compared to other neighboring states.