PEORIA, Ill. – Gas prices in Peoria have risen 4.8 cents a gallon in the last week, averaging $3.26 a gallon on Monday, according to GasBuddy’s survey of 148 stations in Peoria.
Prices in Peoria are 28 cents higher than last month and 19.6 cents lower than a year ago.
GasBuddy price reports show the cheapest gas in Peoria on Sunday was $3.13 a gallon, while the most expensive gas was $3.49. The lowest price in Illinois on Sunday was $2.79, while the highest price was $4.59.
The national average price of gas was up 5.2 cents a gallon in the last week, averaging $3.17 a gallon on Monday, up 9.6 cents from a month ago and 20 cents lower than this time last year, according to GasBuddy data.
“We’ve seen the national average price of gasoline inching higher now for three straight weeks, but I’m afraid the worst is yet to come. With several major refinery issues persisting across various regions, the eventual transition to summer gasoline is likely to continue to put upward pressure on prices, with larger weekly increases likely coming in March and April,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While I feel optimistic that the rise in prices will be merely average, the fact that we’ve already seen a few high level refinery problems doesn’t bode well for the spring squeeze, and is a reminder to motorists that without the critical role that refineries play, we could see a bumpy transition to EPA-mandated summer gasoline.”
Meanwhile, AAA says the Peoria-Pekin metro area’s average price for unleaded gas was $3.29 on Monday. The state’s average price is $3.38 a gallon and the national average price is $3.19.
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