PEORIA, Ill. – Gas prices in Peoria have dropped a little over one cent a gallon in the last week, averaging $3.66 on Monday, according to GasBuddy’s survey of 148 gas stations in Peoria.
Prices in Peoria are 4.2 cents lower than a month ago, and 3.2 cents a gallon higher than this time last year.
According to GasBuddy price reports, the cheapest gas in Peoria was $3.39 on Sunday, while the most expensive gas was $3.89. The lowest price in Illinois on Sunday was $3.17, and the highest price in the state was $5.19 a gallon.
The national average price of gas, according to GasBuddy, was up five cents a gallon in the last week, averaging $3.46 on Monday.
“As we approach July 4 later this week, motorists have seen the national average price of gasoline inch up ever so slightly for the third straight week,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the increases have been fairly tame, with oil continuing to hold above $80 per barrel, we could continue to see the national average climb slightly. Other areas that see price cycling saw prices shoot up early in the week, but those areas are now starting to see prices fall back down. For many Americans hitting the road for the July 4 holiday, prices in most areas are very comparable to what we saw last July 4. However, with Hurricane Beryl now formed in the Caribbean, we’re reminded that gas prices could experience some jolts in the second half of the summer should a storm threaten refining capacity in Texas or Louisiana.”
Meanwhile, AAA says the average price of gas in the Peoria/Pekin metro area was $3.67 a gallon on Monday. Illinois’ average price was $3.85, and the national average price of unleaded gas was $3.49.
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