Prices at the gas pump continue to increase
Average retail gasoline prices in Missouri have risen 11.0 cents per gallon in the past week, averaging $3.01 a gallon Sunday, according to GasBuddy's daily survey of 3,940 gas outlets in Missouri.
Including the change in gas prices in Missouri during the past week, prices Sunday were 13.3 cents per gallon lower than the same day one year ago and are 3.8 cents per gallon higher than a month ago.
Average retail gasoline prices in Iowa have risen 3.1 cents per gallon in the past week, averaging $3.12 a gallon Sunday.
Prices in Iowa on Sunday were 15.8 cents per gallon lower than the same day one year ago and are 7.6 cents per gallon lower than a month ago.
The national average has decreased 5.4 cents per gallon during the last month and stands 17.4 cents per gallon lower than this day one year ago.
"The national average has seen its bounce continue in the last week across most of the nation," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Some of the lows we saw just a couple weeks ago have vanished, replaced by higher digits as oil prices rallied. It will be an interesting week ahead as some notable progress emerged after developed countries came to a partial solution on Iran's nuclear ambitions. Just that action alone may result in significant downward pressure on oil prices as tough sanctions may soon be eased, allowing Iran's oil to flood an already well-supplied marketplace," DeHaan said.