News Release 222

MISSOURI GASOLINE AND DIESEL PRICES
SOAR TO NEW RECORD HIGHS

Volume 36-222

Contact: Kerry Cordray

(For immediate release)

573-526-4220

JEFFERSON CITY, MO, APRIL 23, 2008 -- Missouri gasoline and diesel fuel prices  soared to new all-time record highs this week, as national records were also set for gasoline and  diesel fuel prices, according to a survey of fuel prices by the Missouri Department of Natural Resources’ Energy Center.

On April 21, the retail price paid at Missouri gasoline pumps averaged $3.37, a new state record average. The Missouri average is 13 cents lower than the U.S. average of nearly $3.51 per gallon, another all-time high. Missouri gasoline is selling for an average of more than 40 cents per gallon more than a month ago, and 67 cents more than at the same time last year.

The previous state record average for gasoline of more than 3.22 was set last spring, on May 21, 2007. Previous record national averages for gasoline and diesel were set earlier this month.

"With fuel prices at the highest ever, many commuters are wondering if they have choices for how to save transportation costs," said Anita Randolph. Director of the department's Energy Center. "Energy efficient options of carpooling, public transit, and the many ways to improve vehicle fuel economy are becoming more and more valuable as costs increase."  The Energy Center's "Saving Green on Gasoline" brochure and Web page are excellent resources for Missourians looking for ways to save on fuel costs. They feature fuel economy tips and Internet links to resources on carpooling, mass transit, vehicle maintenance, driving techniques, trip planning, and choosing energy efficient cars. For the complete collection of "Saving Green on Gasoline" information and tips, visit the department's Web page at www.dnr.mo.gov/energy/savinggreen.htm.

The average retail price for Missouri diesel fuel increased 51 cents in the last month to $4.05 per gallon. The average is nearly $1.21 higher than for the same period in April 2007. The national average for diesel fuel reached a new record high of more than $4.14 per gallon.

The department's Energy Center collects fuel prices from retail providers located throughout Missouri. The prices are published twice a month in the department's Missouri Energy Bulletin. The new Missouri Energy Bulletin will be available April 25 online, at www.dnr.mo.gov/energy/transportation/fb.htm.

For news releases on the Web, visit www.dnr.mo.gov/newsrel/index.html. For a complete listing of the department's upcoming meetings, hearings and events, visit the department's online calendar at www.dnr.mo.gov/calendar/search.do.

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