Average retail gasoline prices in Iowa have fallen 9.2 cents per gallon in the past week, averaging $3.14 per gallon on Sunday.
Prices in Missouri have also fallen. They are down 7.8 cents per gallon in the past week, averaging $2.96 per gallon on Sunday, according to
"The drop in gas prices certainly has been well noted- in some instances people have been calling this a gas price crash. Dub it whatever you like, but I'll remind motorists: gasoline prices in some areas still could set all-time record highs for Christmas Day," GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said. "While it is excellent that gasoline prices have dropped, I'm not on board with this being called a gas price crash. Call me a grinch, call me a realist, but at the end of the day, data doesn't lie- and that data shows that gasoline prices are still clinging near all time highs for today's date," DeHaan said.
The national average for gasoline has fallen 8.0 cents per gallon in the last week, down to $3.25 per gallon.
Last week one viewer reported gas at $2.97 in Taylor, Mo. and we saw similar prices in the area.
KTVO in Kirksville, Mo. contributed to this report.
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