PEORIA, Ill. – Average gas prices in Peoria have risen two cents a gallon in the last week, averaging $3.22 on Monday, according to GasBuddy’s survey of 148 stations in Peoria.
Prices in Peoria are just over four cents higher than a month ago, and just over a penny higher than this time last year.
GasBuddy price reports show the cheapest gas in Peoria on Sunday was $3.04 a gallon, while the most expensive gas was $3.39. The lowest price in the state was $2.77, and the highest-priced gas was $4.49.
The national average price of unleaded gas has dropped 3.5 cents a gallon in the last week, averaging $3.04 on Monday.
“The national average has seen little meaningful change over the past week, as oil markets continue to face selling pressure. However, with President Trump imposing tariffs on Canada and Mexico, some motorists may see gas prices inch up in certain regions,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“Trump’s new trade war has already triggered retaliatory tariffs on U.S. goods, escalating tensions. While, on paper, tariffs on Canadian energy could have a significant impact on fuel prices, a prolonged trade war could weaken global economies, reducing demand and partially offsetting the effects of tariffs. For now, I expect a slow but modest impact on fuel prices, particularly in the Great Lakes, Midwest, Rockies, and Northeast U.S.— all markets that rely heavily on Canadian crude oil or refined product imports from Canada,” De Haan said.
Meanwhile, AAA Illinois says the average price of gas in the Peoria/Pekin metro area was $3.24 on Monday, the state average was $3.25, and the national average gas price was $3.09.
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