PEORIA, Ill. – Average gas prices in Peoria have gone up 6.0 cents a gallon in the last week, averaging $2.85 on Monday, according to GasBuddy.
Prices in Peoria are 1.6 cents lower than a month ago and 35.7 cents lower than this time last year.
According to GasBuddy price reports, the cheapest gas in Peoria on Sunday was $2.64 a gallon, while the most expensive gas was $3.29. The lowest price in the state was $2.35 and the highest-priced gas was $4.29.
The national average price of gas, according to GasBuddy, has gone up 3.1 cents in the last week, averaging $2.76 on Monday. That’s down 8.6 cents from a month ago and 32.3 cents lower than a year ago.
“After seven straight weeks of declines, the national average price of gasoline has moved higher, breaking the streak as oil prices have climbed back near $60 per barrel after dipping into the mid-$50s,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “There’s still a window of opportunity to revisit—or even beat—recent gas price lows, but that window will begin to close soon. California will soon start transitioning back to cleaner summer gasoline, with most of the rest of the country following in a little over a month. However, with a surplus of winter gasoline built up after large inventory increases in recent weeks, we’re likely to see localized discounts as that fuel is cleared from the system before the seasonal rise becomes more organized in the weeks ahead.”
Meanwhile, AAA Illinois says the average price of gas in the Peoria/Pekin metro area was $2.86 a gallon on Monday, the state price was $2.89 and the national average price of gas was $2.82.
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