PEORIA, Ill. – The price of gas in Peoria has held steady in the past week, but much lower compared to this time last year.
GasBuddy’s latest weekly report lists the price of a gallon of unleaded in the Peoria-area at an average of $3.57, a 1.3 cent increase over last week. The cheapest price was listed at $3.34 with the most expensive at $3.89.
The average is 15 cents less than one month ago, and nearly $1.20 cheaper than one year ago.
In Illinois, GasBuddy is reporting a 1.7 cent increase to an average of $3.82. The lowest price in the state was $3.13 with the highest at $4.99.
AAA is reporting their average in the Peoria-Pekin metro area at around $3.59, up a half-cent from the week before. Their average is around 12.5 cents lower than one month ago and $1.23 less than a year ago.
AAA’s state average shows the price of unleaded at $3.84/g, .6 cents higher than last week, but 19 cents lower than one month ago and $1.17 cheaper than one year ago.
Patrick De Haan at GasBuddy says gas prices across the country saw some upward pressure with oil prices increasing to $75/barrel last week.
“While the price increases could continue into this week, I would expect them to be fairly mild, with the national average likely staying in the $3.50-$3.60 range that we’ve been stuck in since April for the coming week and likely into next week as well. Economic data has been playing a larger than typical role in putting pressure on gas prices, with OPEC production cuts also a major factor,” De Haan said.
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