Week of April 12 gas update: Prices fall 3.5 cents a gallon


Getty Images

Gas prices in Illinois.

Aidan Bengford, News Reporter

DeKALB – Illinois gas prices have fallen 3.5 cents per gallon in the past week, averaging $2.98/g today, according to GasBuddy’s daily survey of 4,378 stations in Illinois. Gas prices in Illinois are 1.7 cents per gallon higher than a month ago and stand $1.20 per gallon higher than a year ago.

The cheapest station in Illinois is priced at $2.57/g today while the most expensive is $3.59/g, a difference of $1.02 per gallon, according to GasBuddy price reports. Illinois continues to have higher than average gas prices with the national average at $2.85/g which is down 0.5 cents per gallon in the past month. 

“It has been a fairly tame last few weeks at the pump for most areas after a particularly active February and March when prices were screaming higher,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “For now, it feels like the risk of seeing the national average climb to $3/gal has been delayed by a recent surge in COVID-19 cases both here and abroad, limiting the upside to gasoline demand, but should things begin to improve, especially as we get closer to the start of the summer, we still have potential to see summer gas prices at their highest levels in years. Make no mistake, gas prices this year will be tied to the hip of the Covid situation.”