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Experts say gas prices could top $3 per gallon nationally by Memorial Day - KYTV

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SPRINGFIELD, Mo. (KY3) - Could gas prices reach $3 per gallon in the near future? Experts from GasBuddy say it’s possible by Memorial Day Weekend.

GasBuddy says, though a spike in prices is not guaranteed, the national average could rise closer to $3 per gallon closer by Memorial Day weekend as refineries eventually switch over to EPA-mandated cleaner summer fuels.

As of last Sunday, the average U.S. price of regular-grade gasoline jumped to $2.64, increasing 14 cents a gallon from the past two weeks, according to the Associated Press.

In recent weeks, rising gas prices have also been attributed to a natural gas shortage caused by winter storms in the Midwest, in addition to an expected travel boom during the country’s COVID-19 vaccination efforts.

Missouri falls below average, according to AAA, charging $2.45 per gallon.

Here’s a breakdown of metropolitan area averages as of Sunday, Feb. 28:

Kansas City, Mo.: $2.40

St. Louis: $2.42

Cape Girardeau: $2.43

Joplin: $2.45

St. Joseph: $2.45

Springfield: $2.48

Columbia: $2.49

Jefferson City: $2.49

AAA reports that the national average as of Sunday is $2.71 per gallon.

To report a correction or typo, please email digitalnews@ky3.com

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Experts say gas prices could top $3 per gallon nationally by Memorial Day - KYTV
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