Gas prices fall a few cents in latest gas report

The national average fell nearly eight cents, coming in at $3.75 a gallon. (Photo courtesy: Illinois Department of Transportation/Facebook)

By Jake Fogal

BLOOMINGTON – Gas prices continue their tumble across Illinois but the average price fell only 4.2 cents in the last week, sitting at $4.10 a gallon.

According to GasBuddy, prices in Illinois are 32 cents lower than a month ago and 82 cents higher than a year ago.

GasBuddy price reports show the cheapest station in the state is priced at $3.36 a gallon while the most expensive is $5.87 a gallon.

The national average fell nearly eight cents, coming in at $3.75 a gallon.

“The national average has declined for 12 straight weeks, the longest tally since 2018, and it could soon eclipse that mark if we see two more weeks of decline. Though, that may be more challenging given OPEC’s decision yesterday to cut oil production,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

“For now, price movements will be contingent on where you are, with California seeing some minor increases, while the Great Lakes could see an upward move as BP’s refinery outage has had an impact on supplies. In the Gulf and Rockies, prices may continue to fall, so a very mixed bag for motorists in the week ahead. In addition, there are several disturbances in the Atlantic to keep an eye on, but we do switch back to cheaper winter gasoline in just over a week which should provide some additional relief.”

Jake Fogal can be reached at [email protected].

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