Gas prices continue to fall, but will rise soon
A man holding a gas nozzle to pump gas into his car.
DeKALB – Gas prices in Illinois have fallen by 0.9 cents per gallon in the past week making the statewide average $3.50 per gallon according to GasBuddy.
In regards to last month’s prices, gas has decreased by 7.9 cents per gallon in Illinois. The current average is 81.1 cents per gallon lower than that of last year.
According to GasBuddy, the cheapest gas in Illinois was priced at $2.97 per gallon with the highest being $4.68 per gallon.
Head of Petroleum at GasBuddy, Patrick De Hann, said that as the months become warmer, an increase in prices at the pump will soon follow.
“While we may not see weekly increases, the overall trend will remain upward through much of the spring.” Hann said. “By Memorial Day, most of the nation will be transitioned to their respective required blend of fuel, and gas prices could ease, but a $4 per gallon national average remains possible by then.”
To keep up with gas updates, visit GasBuddy’s podcast, “Over a Barrel”, for more information.
