PEORIA, Ill. – Average gas prices in Peoria are unchanged in the last week, averaging $3.28 a gallon on Monday, according to GasBuddy’s survey of 148 stations in Peoria.
Peoria’s prices are just over eight cents higher than a month ago, and 16 cents lower than this time last year.
According to GasBuddy price reports, the cheapest gas in Peoria on Sunday was $3.15, while the most expensive gas was $3.39. The lowest price in the state was $2.77, and the highest price was $4.49.
The national average price of unleaded gas has dropped 3.8 cents a gallon in the last week, averaging $3.08 on Monday, according to GasBuddy data.
“With the sharp gas price increases on the West Coast now fading, the national average has dipped slightly over the past week. While some areas are seeing increases, others are experiencing stability or even slight declines, as the bulk of the seasonal transition has yet to significantly impact gasoline prices— certainly good news for motorists,” Patrick De Haan, head of petroleum analysis at GasBuddy, says.
“Oil prices have remained steady in the low $70s, but we continue to monitor key developments, including ongoing talks between the U.S., Russia, and Ukraine on a potential agreement. However, as we inch closer to March, the typical March madness will eventually take hold, so motorists may want to enjoy the slight decline while it lasts. While I don’t see an abrupt spike in the national average just yet, we’re likely to see upward movement in the weeks ahead, De Haan says”
Meanwhile, AAA Illinois says the average price of gas in the Peoria/Pekin metro area was $3.28 on Monday, the state average was $3.25, and the national average price of unleaded gas was $3.14.
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