Illinois gas prices slightly down over the week

Posted on May 1, 2023
The lowest price in the state Sunday was $3.33/g while the highest was $4.99/g, a difference of $1.66/g. (WJBC file photo)

By Neil Doyle

BLOOMINGTON – Gas prices this week in Illinois are down about 3 cents, averaging $4.02 a gallon, according to GasBuddy.

Prices across the state are up about 19 cents from a month ago, but still 38 cents cheaper than a year ago, GasBuddy said in a news release.

The lowest price in the state Sunday was $3.33/g while the highest was $4.99/g, a difference of $1.66/g.

The national average is also down this week about 6 cents, averaging $3.58 a gallon.

“After declining the prior week at a slow pace, the drop in the national average has gained momentum. Oil prices have come under additional selling pressure alongside wholesale gasoline prices, giving retailers room to pass on the lower prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Diesel prices have followed, falling to their lowest in over 13 months as demand remains weak due to concerns over the economy.”

Neil Doyle can be reached at [email protected]

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