Tuesday, June 10, 2008

Cheap Gas in Missouri

While the average gas price nationwide passed $4 last weekend, Missouri could boast of prices around $3.825, the cheapest in the country. How come the Show Me State has the lowest gas prices?

In Missouri, geography helps keep prices low. The state doesn't have any oil refineries, and its share of U.S. crude oil production is so small that the Department of Energy reports it as 0 percent. But because of its proximity to Texas, Oklahoma, and the Gulf Coast states, Missouri is crisscrossed by some of the nation's larger pipelines. Oil barges also pass through the state on the Mississippi and Missouri rivers. Proximity to producers reduces transportation costs a little, but it also makes Missouri less susceptible to price spikes when individual refineries run into problems.

Read More At: http://www.slate.com/id/2193222/?y=1

1 comment:

  1. Anonymous7:46 AM

    Missouri Fuel prices lower, because we have a lower State and local Tax on Fuel than most States.

    However, we also have a poorer and substandard road and bridge system as well.

    You get what you pay for.