Kansas & Missouri Fuel Prices Lowest
What happened
Kansas and Missouri offer the lowest fuel costs nationally, averaging $2.92 and $2.98 per gallon, even as the national average surpasses $3.50.
Why it matters
These lower prices in Kansas and Missouri persist even as the U.S. Israeli war with Iran has disrupted oil supplies, causing the national average to jump. The conflict has led to the effective closure of the Strait of Hormuz, a critical route for about one-fifth of the world's petroleum. Global Brent crude oil prices have climbed above $100 a barrel since the attacks on Iran began on February 28th. Before the conflict, prices were just over $70 a barrel. Some analysts predict that if the disruptions continue, prices could reach $150 per barrel. The average U.S. price for a gallon of gas is around $3.50, a significant increase from the $2.98 average before the war. Some states are experiencing much higher prices, with California topping the list at $5.20 per gallon. Diesel prices have also surged, rising nearly 89 cents in a week to $4.66 a gallon.
Key numbers
- Kansas and Missouri offer the lowest fuel costs nationally, averaging $2.92 and $2.98 per gallon, even as the national average surpasses $3.50.
- Global Brent crude oil prices have climbed above $100 a barrel since the attacks on Iran began on February 28th.
- Before the conflict, prices were just over $70 a barrel.
- Some analysts predict that if the disruptions continue, prices could reach $150 per barrel.
What happens next
- Some analysts predict that if the disruptions continue, prices could reach $150 per barrel.
Sources
Quick answers
What happened in Kansas & Missouri Fuel Prices Lowest?
Kansas and Missouri offer the lowest fuel costs nationally, averaging $2.92 and $2.98 per gallon, even as the national average surpasses $3.50.
Why does Kansas & Missouri Fuel Prices Lowest matter?
These lower prices in Kansas and Missouri persist even as the U.S. Israeli war with Iran has disrupted oil supplies, causing the national average to jump. The conflict has led to the effective closure of the Strait of Hormuz, a critical route for about one-fifth of the world's petroleum. Global Brent crude oil prices have climbed above $100 a barrel since the attacks on Iran began on February 28th. Before the conflict, prices were just over $70 a barrel. Some analysts predict that if the disruptions continue, prices could reach $150 per barrel. The average U.S. price for a gallon of gas is around $3.50, a significant increase from the $2.98 average before the war. Some states are experiencing much higher prices, with California topping the list at $5.20 per gallon. Diesel prices have also surged, rising nearly 89 cents in a week to $4.66 a gallon.
