PEORIA, Ill. – Average gas prices in Peoria have dropped 0.5 cents a gallon in the last week, averaging $3.12 on Monday, according to GasBuddy’s survey of 148 stations in Peoria.
Prices in Peoria are 13.5 cents lower than a month ago, and 16.7 cents lower than this time last year.
According to GasBuddy price reports, the cheapest gas in Peoria on Sunday was $2.86 a gallon, while the most expensive gas was $3.39.
The national average price of unleaded gas has dropped 0.6 cents in the last week, averaging $3.00 on Monday, down 7.7 cents from a month ago, and 23.2 cents lower than a year ago, according to GasBuddy data.
“Millions took to the road for Thanksgiving, and while some regions, like the Great Lakes, saw gas prices rise just in time for travel, most of the nation saw prices hold mostly stable or decline slightly as the national average remains near the lowest level we’ve seen since 2021,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The weeks ahead should feature slight drops in gas prices in most areas, with over 100,000 stations now offering a gallon for $2.99 or less, which should stick around through the holiday shopping season. While the potential impacts from tariffs are something to watch, they would have no effect until late January, if implemented at all. For this week, all eyes will be on the previously delayed OPEC+ meeting on Thursday. If they begin to restore oil production, oil prices could soften to the mid-$60s.”
Meanwhile, AAA says the average gas price in the Peoria/Pekin metro area on Monday was $3.14, the state average price was $3.22, and the national average price of unleaded gas was $3.04.
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