By Jake Fogal
BLOOMINGTON – Average gasoline prices in Illinois have dropped almost 9 cents in the last week, averaging $4.34 a gallon.
According to GasBuddy’s survey of over 43 hundred stations in Illinois, prices in the state were 24.1 cents lower than a month ago.
“Gas prices have continued to move in the right direction, down, saving Americans approximately $100 million every day compared to when prices peaked about a month ago. And, more good news is on the horizon: the national average this week will likely fall back under the critical $4 per gallon mark,” said Patrick De Haan, head of petroleum analysis at Gas Buddy.
GasBuddy price reports show the cheapest station in Illinois is priced at $3.74 while the most expensive was $5.29.
The national average has fallen 7.5 cents per gallon in the last week, averaging $4.10 a gallon.
“It remains possible that gas prices may have hit their 2022 peak, barring the typical caveats like the Russia war on Ukraine, the economy, hurricane season and Covid don’t take drastic and unexpected turns. Diesel prices are also falling and likely to go back under the $5 per gallon average this week. The situation for now continues to show signs of improving, with the national average falling back into the $3 range as early as this week,” said De Haan.
GasBuddy data is accessible at http://prices.GasBuddy.com.
Jake Fogal can be reached at [email protected].
