PEORIA, Ill. – Gas prices in Peoria have jumped 62.4 cents in the last week, averaging $4.86 a gallon on Monday, according to GasBuddy’s survey of 148 stations in the area.
Peoria’s prices are $1.53 a gallon higher than a year ago and 59.5 cents higher last month.
Meanwhile, AAA Illinois reports that the average price of gas in the Peoria/Pekin metro area was $4.85 a gallon on Monday.
GasBuddy price reports show the price difference across Peoria stations on Sunday was 50 cents a gallon, ranging from $4.69 to $5.19. Statewide, the lowest price on Sunday was $3.99 a gallon while the highest price was $6.29.
AAA Illinois’ state average for unleaded gas was $4.93 on Monday. Nationally, the average price was $4.45. GasBuddy’s national average price was slightly lower at $4.42 a gallon, up 38.2 cents in the last week.
“Gasoline prices rose in every state over the last week, with some of the most significant and fastest increases concentrated in the Great Lakes, where states like Michigan, Indiana, Ohio, and Illinois saw sharp spikes,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
De Haan noted that refinery outages were a key factor behind the large increases. While early signs of improvement could offer some localized relief, he added that “broader price volatility is likely to persist in the near term”.
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