PEORIA, Ill. – Gas prices in Peoria are almost unchanged in the last week, up 0.6 cents a gallon, averaging $3.34 on Monday, according to GasBuddy’s survey of 148 stations in Peoria.
Peoria’s prices are 7.2 cents higher than a month ago and 31.3 cents lower than a year ago.
GasBuddy price reports show the cheapest gas in Peoria on Sunday was $3.19 a gallon, while the most expensive gas was $3.49. The lowest price in the state was $2.88 and the highest priced gas $4.79.
The national average price of gas is up 2.0 cents a gallon in the last week, averaging $3.11 on Monday, down 0.5 cents from a month ago and 37.9 cents lower than a year ago, according to GasBuddy.
“With oil prices posting a modest uptick last week, the national average price of gasoline also inched slightly higher, with just over half of U.S. states seeing increases, while nearly two dozen saw declines,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“As we approach the midpoint of the summer driving season, gasoline inventories remain just below average, while diesel inventories are considerably tighter—keeping upward pressure on diesel prices. While renewed tariff discussions could weigh on oil markets due to concerns about economic growth, absent any major developments, we expect the national average to remain rangebound in the low-$3 per gallon area, where it has spent much of the summer,” De Haan said.
Meanwhile, AAA Illinois says the average price of gas in the Peoria/Pekin metro area on Monday was $3.34, the state average was $3.46 and the national average price of gas was $3.15 a gallon.
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