PEORIA, Ill. – Gas prices in central Illinois continue to fall as the calendar turns to 2024, and an average inching closer to under $3/gallon.
GasBuddy’s latest survey of stations in the Peoria area shows an average of $3.01/g, down 4.6 cents from the previous week.
The average is 26.9 cents lower than one month ago, and 21.2 cents lower than one year ago.
The survey also lists the lowest price in the Peoria area at $2.74/g with the most expensive at $3.29/g.
AAA reports their average price in the Peoria-Pekin area at $3.03/g, down 4.8 cents from last week. Their average is 26.8 cents lower than one month ago, and 23.9 cents lower than one year ago.
Both surveys are reporting different numbers for the average price in Illinois. GasBuddy reports an average of $2.99/g, down 5.9 cents from last week. AAA reports their Illinois average at $3.04/g, down 4.7 cents from last week, 36.5 cents lower than one month ago, and 25.2 cents lower than one year ago.
Analysts believe prices on a national level will trick downward again.
“After a brief hiatus, the national average has moved off its recent high, again falling closer to the $3 per gallon mark, setting up a potential second attempt at slipping below $2.99 for the first time since 2021,” said petroleum analysis lead at GasBuddy, Patrick De Haan.
GasBuddy reports the national average dropped 1.6 cents in the past week to an average of $3.06/g, with AAA reporting an average of $3.10/g., down 2.2 cents from last week.
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