Statewide gas prices up 17 cents compared to last week

Posted on January 16, 2023
Gasoline prices in Illinois have risen 10.2 cents per gallon in the last week, averaging $3.48 a gallon, according to GasBuddy. (WJBC file photo)

By Neil Doyle

BLOOMINGTON – According to GasBuddy, prices at the pump in Illinois are up about 10 cents over the week.

Statewide, the average price of gas is sitting at $3.48 a gallon as of Sunday. That’s up about 17 cents from a month ago and slightly higher than a year ago.

According to GasBuddy price reports, the cheapest station in Illinois was priced at $2.86 a gallon on Sunday, while the most expensive was $4.79 a gallon.

Meanwhile, the national average for gasoline has risen 2 cents per gallon in the last week, averaging $3.28 a gallon.

“We’ve seen somewhat of a mixed week at the pump with some states seeing gasoline prices rise, while others have stabilized for the time being. The good news as of late has been the continued decline in average diesel prices, which fell over a penny per day last week,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Oil prices have seen a bit of a rally, finishing last week at nearly $80 per barrel again as Chinese demand starts to jump as expected, but with Covid cases and deaths now also surging in China, the jump in demand could be short-lived. Gas prices may nudge up slightly in the week ahead in some areas, while others could hold flat. The window on price drops however, appears to be coming up on the horizon as we get closer to what’s likely to be a significant refinery maintenance period ahead of summer.”

Neil Doyle can be reached at [email protected]

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