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Gas prices in St. Joseph fall to $1.95

File Photo: courtesy http://pixabay.com/.
File Photo: courtesy http://pixabay.com/.

Christmas is being marked with record breaking gas prices according to AAA after national gasoline prices have fallen for 89 consecutive days.

Tuesday the National Average for a gallon of regular unleaded was $2.37 a drop of .43 in a month. It’s the lowest level it’s been since May of 2009. This time last year gas you would have been paying an average of $3.25 to travel across the U.S.

But if you’re traveling in Missouri you can expect to pay less than the National Average with the State hovering around $2.05 a gallon. Diesel has also dropped to around $3.01 a gallon.

In Saint Joseph gas prices according to AAA are averaging $2.00 a gallon but a tour around town shows most stations are selling at $1.99 or lower.

The St. Joseph Post found gas going for $1.95 a gallon at the Speedy’s Convenience Store located at 1011 S. Belt Highway as of 11 a.m. and $1.95 a gallon at the Road Star On The Go located at 2014 S. Belt Highway.

Analysts said the low pump prices are a reflection of global oversupply of oil mostly from surging U.S. production and a decision by the Organization of Petroleum Exporting Countries not to cut supply along with a lack of demand.

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