On Oct. 9, the price of gas in St. Joseph, Mo., was $2.37. At the same time, it was $2.67 in Lawrence. What is the reason for such a wide discrepancy?
Nobody really knows why there are such discrepancies outside of the oil companies. According to representatives at Kansas AAA, some of it has to do with the price of gas at the time the stations purchase their supplies. It also has to do with gas prices in the futures market. Generally, 60 to 65 cents is added to the futures price to reflect the price at the pumps. Gas tax amounts also vary in different areas.