PEORIA, Ill. – Average gas prices in Peoria have fallen 1.3 cents per gallon in the last week, averaging $3.56 on Monday, according to GasBuddy’s survey of 148 stations in Peoria.
Prices in Peoria are 29.5 cents higher than a month ago and are just about the same as compared to this time last year.
GasBuddy reports the cheapest gas in Peoria was $3.39 a gallon on Sunday, while the highest priced gas was $3.75. The lowest price in Illinois on Sunday was $2.99 a gallon, while the highest priced gas was $4.79.
The national average price of gas, according to GasBuddy, has jumped 6.2 cents in the last week, averaging $3.40 a gallon on Monday. The national average is up 23.0 cents from a month ago, and 4.5 cents lower than a year ago, according to GasBuddy.
“The national average price of gasoline has seen a continued but measured rise compared to last week, but the pace of increases has slowed slightly in the last few days. With government data showing a rise in refinery utilization last week, there may be some good news on the horizon for drivers,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Much of the seasonal rise that happens this time of year is a culmination of refinery maintenance, the switch to summer gasoline, and rising demand. If refineries continue to boost output of products like gasoline, diesel, and jet fuel, it could mean earlier-than-expected relief. However, the changeover is still in process, so while we’ll likely see the continuation of upward pressure on prices, improvement in output could slow that pressure down some.”
Meanwhile, AAA says the average price of gas in the Peoria-Pekin area is $3.56 a gallon, Illinois’ average price is $3.72 and the national average price is $3.39 a gallon.
Comments