Gas prices reversed its historic trend of rising over a holiday weekend and actually fell as Labor Day approached.
Many metro-east stations continue to sell gas for about $2.18 a gallon for regular unleaded fuel Tuesday morning. That puts gasoline at many locations in Missouri below $2 a gallon, since Missouri’s gasoline tax is about 20 cents per gallon lower than Illinois’ tax.
St. Louis-area gas prices are almost $1.25 a gallon lower than a year ago, according to online gas price tracker GasBuddy.com. Senior petroleum analyst Patrick DeHaan projects more consumer savings by the holidays at the end of the year with a sub-$2-a-gallon average by Christmas or perhaps earlier.
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— Will Buss, BND business writer