Gas prices down sharply in St. Louis area - KMOV.com

Gas prices down sharply in St. Louis area

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By Bryce Moore By Bryce Moore

ST. LOUIS (AP) -- The Dow is falling, the economy is struggling, but at least there is one bit of good economic news for people in the St. Louis area: Gasoline prices are way down.

The price at the pump fell below $3.20 per gallon at many locations in the St. Louis region on Monday. Just a little over a week ago, a gallon of regular unleaded cost more than $3.60 at the same stores.

Experts cite a drop in the price of a barrel of oil that occurred after Standard & Poor's dropped the nation's credit rating by one notch last week.

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