Week of March 29 gas update: Prices decrease 4.3 cents a gallon

Ashley Dwy, Reporter

DeKALB – Illinois gas prices have fallen 4.3 cents per gallon in the past week, averaging $2.98 per gallon today, according to GasBuddy’s daily survey of 4,378 stations in Illinois.

The lowest price in the state today is $2.56 per gallon while the highest is $3.59 per gallon.

“After the feverish rise in gas prices to start the year, increases have largely tapered off and we’re now seeing decreasing prices in most areas of the country, thanks to oil prices that have moderated for the time being,” Patrick De Haan, head of petroleum analysis for GasBuddy, said in a March 29 news release.

Gas prices in Illinois are 14.2 cents per gallon higher than a month ago and stand $1.05 per gallon higher than a year ago.

As warmer weather approaches and motorists are increasingly getting outside, it could continue to drive prices higher, so long as COVID-19 cases do not lead to new travel restrictions, according to the news release.