PEORIA, Ill. – Gas prices in Peoria have gone up 0.4 cents in the last week, averaging $2.84 on Monday, according to GasBuddy.
Prices in Peoria are 0.9 cents lower than a month ago and 38.8 cents lower than this time last year.
GasBuddy price reports show the cheapest gas in Peoria on Sunday was $2.66 a gallon. The lowest price in the state was $2.32, and the highest price was $4.29.
The national average price of gas has dropped 0.9 cents in the last week, averaging $2.83 on Monday. The national average is up 3.9 cents from a month ago and 21.3 cents lower than a year ago, according to GasBuddy data.
“While oil prices jumped to their highest level in months amid geopolitical tensions, a weakening U.S. dollar, and supply concerns, the national average price of gasoline saw little change compared to a week ago,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“Just over half of states saw gas prices decline, led by Indiana, Ohio, and other price-cycling states that had previously seen prices jump but have since started to fall. Meanwhile, prices are rising across much of the West Coast as the transition to summer gasoline begins and attention turns to another refinery shutdown in California expected in April. Over the coming weeks, we’re likely to see more states experiencing increases than decreases,” De Haan said.
Meanwhile, AAA Illinois says the average price of gas in the Peoria/Pekin metro area was $2.83 on Monday, the state average was $2.93, and the national average price of gas was $2.87
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