National gas price average hits peak

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A woman holding a gas pump to fill up her car’s tank. Gas prices were expected to hit peak between May and June but might’ve hit earlier.

By Kaitlyn Lee-Gordon, News Reporter

DeKALB – The average price of gas in Illinois has fallen by 0.5 cents per gallon since last week. According to GasBuddy records, the average now stands at $4.05 per gallon.

The Illinois average is 36.1 cents higher than last month’s prices. The current cost compared to a year ago is 35.5 cents lower. 

The most expensive gas station statewide stands at $5.19 per gallon and the cheapest gas station is priced at $3.44 per gallon

Head of Petroleum at GasBuddy, Patrick De Hann, said that the national gas price average may have reached its peak a bit earlier than expected.

 “Typically, gas prices peak between May and June, and with the oil market showing significant cracks in strength, we may have seen the peak in the national average already occur, a few weeks earlier than average,” Hann said. “While it’s possible we could go higher later this summer should a major hurricane target sensitive infrastructure, it appears the odds that the national average will miss the $4 per gallon mark are rising. It’s certainly looking optimistic for motorists.”