PEORIA, Ill. – Average gas prices in Peoria have dropped 2.2 cents a gallon in the last week, averaging $3.12 on Monday, according to GasBuddy. Prices in Peoria are 19.7 cents a gallon lower than a month ago, and 18 cents lower than a year ago.
According to GasBuddy price reports, the cheapest gas in Peoria was $2.86 a gallon on Sunday, while the most expensive gas was $3.39.
The national average gas price has dropped 1.4 cents a gallon in the last week, averaging $3.01 on Monday, according to GasBuddy data.
“Ahead of Thanksgiving, motorists continue to be teased by the prospect of a $2.99 per gallon national average, a level now seen in 32 states. But for the last few weeks, the stars just haven’t quite aligned,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Last week, Russia’s threats after Ukraine used long-range U.S. missiles pushed oil prices back above $70 per barrel. Now, some promotions ahead of Thanksgiving are pushing gas prices back down, even as oil remains elevated. For now, we’re just pennies away from the national average falling to $2.99, but for a third year, we may again fall short. As Americans prepare to hit the road for Thanksgiving, we’re seeing the lowest national average price of gasoline since 2021, with a far better economic picture than when gas prices were last this low.”
Meanwhile, AAA says the average price of gas in the Peoria/Pekin metro area was $3.16, state’s average price was $3.17, and the national average price of regular unleaded gas was $3.05 on Monday.
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