PEORIA, Ill. – Gas prices in Peoria have dropped just over two cents a gallon in the last week, averaging $3.36 on Monday.
GasBuddy says Peoria’s prices are 13 cents higher than a month ago, and 47.5 cents lower than this time last year.
The cheapest gas in Peoria on Sunday was $3.08 a gallon, while the most expensive gas was $3.59. The lowest price in the state was $2.89 and the highest price in the state was $4.49.
GasBuddy says the national average price of gas has dropped over eight cents a gallon in the last week, averaging $3.13 on Monday.
“After oil’s sharp drop over the last couple of weeks— driven by concerns over the impact of U.S. tariffs and OPEC+ restoring production faster than expected— gasoline prices have posted a notable weekly decline, with nearly every state seeing prices fall,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While I do expect gas prices to continue trending lower, any abrupt change in the current tariff situation could eventually bring the decline to a halt. For now, the good news is that gas prices typically reach their yearly peak around April 10, so we may have already witnessed ‘peak pain’ at the pump for 2025. As refiners near the end of seasonal maintenance and supply begins to rise— and with the changeover to summer gasoline nearly complete— it’s increasingly likely that gas prices have already hit their high for the year.”
Meanwhile, AAA Illinois says the average price of gas in the Peoria/Pekin metro area on Monday was $3.36, the state average price was $3.42, and the national average price of unleaded gas was $3.18.
Comments