PEORIA, Ill. – Average gas prices in Peoria have dipped nearly four cents a gallon in the last week, averaging $3.57 on Monday, according to GasBuddy’s survey of 148 stations in Peoria.
Peoria prices are almost 17 cents lower than a month ago, and nearly 25.5 cents lower than a year ago.
According to GasBuddy price reports, the cheapest gas in Peoria on Sunday was $3.22 a gallon, while the most expensive gas was $3.79. The lowest price in the state was $2.79, and the highest-priced gas in Illinois was $4.95.
The national average gas price has dropped just over seven cents a gallon in the last week, averaging $3.22 on Monday, according to GasBuddy data.
“Impressively, for the sixth straight week, gas prices have dropped to their lowest since winter. GasBuddy now counts 11 states and over 45,000 stations with gas prices below $3 per gallon,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “We fully expect gas prices will continue to drop as Americans drive less with the onset of fall. With oil prices falling below $70 per barrel, their lowest since 2021, there’s solid room for gas prices and diesel to continue falling for some time. We expect the national average could fall below $3 per gallon as early as October for the first time since 2021, which would be music to the ears of motorists and certainly to politicians who are angling to be elected this fall.”
Meanwhile, AAA says the average price of gas in the Peoria/Pekin metro area on Monday was $3.57, the state average price was $3.55, and the national average price of gas was $3.27.
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