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The lowest gasoline prices in the nation

- Last modified: November 8, 2013 at 1:53 PM

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Falling gasoline prices are like found money -- you never count on it happening.

For example, recently we noted how pleasant it was to see that gasoline was selling at just under $3 a gallon at one service station in New Jersey.

Jersey gas prices seem to be less expensive than those in Pennsylvania, but no means is Jersey the cheapest state in the nation for gasoline.

That honor -- and we do mean honor -- goes to Missouri, with an average price per gallon of $2.91, about 30 cents cheaper than the national average.

And the cheapest place for gas in Missouri is in Jasper County in the southwest corner of the state.

Business Insider explored why Jasper County's gas prices are so slow and came up with several reasons:

-- Missouri's state fuel tax is the fifth cheapest in the nation at 17.3 cents per gallon.

-- Jasper County's proximity to oil refineries and to a pipeline reduces transportation costs for its fuel.

-- And Missouri is near an inexpensive source of oil -- West Texas Intermediate crude -- that essentially is only available to the middle of the nation because of a lack of infrastructure, according to Business Insider.

All of this, of course, is no reason on its own to move a business to Missouri. But saving 30 cents a gallon on fuel is a nice perk for businesses and residents of the Show-Me State.

For the story in Business Insider, click here.

Bill Kline

Bill Kline

Editor Bill Kline can be reached at billk@lvb.com or 610-807-9619, ext. 15. Follow him on Twitter @BillKline24.

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