PEORIA, Ill. – Average gas prices in Peoria have dropped just over two cents a gallon in the last week, averaging $3.26 on Monday, according to GasBuddy’s survey of 148 stations in Peoria.
Peoria’s prices are 4.8 cents higher than a month ago, and just over 31 cents lower than this time last year.
According to GasBuddy price reports, the cheapest gas in Peoria was $3.03 on Sunday, while the most expensive gas was $3.39. The lowest price in the state was $2.57, and the highest price was $4.49 a gallon.
The national average price of gas has dropped 3.8 cents a gallon in the last week, averaging $3.04 on Monday.
“Gasoline prices in the U.S. have edged slightly lower over the past week, even as geopolitical tensions intensify, with the Trump administration promising tariffs that could not only create economic uncertainty but also impact what some motorists pay at the pump in the weeks ahead,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“Given the volatility surrounding the tariff situation, forecasting fuel prices remains challenging, as uncertainty lingers over the timing and scope of these tariffs, which the Trump administration has suggested will soon take effect. This comes on top of ongoing concerns about the Russian invasion of Ukraine and discussions of a potential deal to end the war. While OPEC has signaled its intent to stabilize the market, policy decisions from the White House could introduce further uncertainty, making it difficult to predict where prices will head next. However, nearly every year sees a seasonal spring increase, which could eventually push prices higher ahead of summer,” De Haan said.
Meanwhile, AAA Illinois says the average gas price in the Peoria/Pekin metro area was $3.26 on Monday, the state average was $3.22, and the national average gas price was $3.09.
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