Prices at the pump expected to ease in coming weeks

GasBuddy price reports show the cheapest station in Illinois is priced at $2.99 while the most expensive was $5.87. (Flickr)

By Jake Fogal

BLOOMINGTON – Average gasoline prices in Illinois have risen over 18 cents in the last week, averaging $4.29 a gallon.

“Just over half of the nation’s 50 states saw gasoline prices rise last week, pulling the national average back up for the time being due to big jumps in the Great Lakes and continued increases in New England and mid-Atlantic states,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

According to GasBuddy’s survey of over 43-hundred stations in Illinois, prices in the state are 12.1 cents lower than a month ago, but stand 74 cents higher than a year ago.

GasBuddy price reports show the cheapest station in Illinois is priced at $2.99 while the most expensive was $5.87.

The national average is up about 6.2 cents in the last week, averaging $3.78 a gallon.

“For now, the rise in the Great Lakes, brought on by tight supply, has already started to ease, and declines should start again. In the northeastern U.S., prices are likely to inch up a bit more. National diesel supply remains tight, but supplies of diesel did see a slight rise last week. The majority of stations, especially away from the East Coast and Northeast, should have very few issues with diesel supply, though some stations in those regions could see diesel delivery times slip. Brief outages at a limited number of stations are possible, but with refineries continuing to churn product and maintenance wrapping up, I’m optimistic the situation will improve.”

Jake Fogal can be reached at [email protected].

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