PEORIA, Ill. – Gas prices in Peoria have dropped 1.8 cents a gallon in the last week, averaging $3.31 on Monday, according to GasBuddy’s survey of 148 stations in Peoria.
Peoria’s prices are 6.3 cents lower than a month ago and 6.2 cents lower than this time last year.
GasBuddy price reports showed the cheapest gas in Peoria on Sunday was $3.14 and the most expensive gas was $3.49. The lowest price in the state was $2.69 and the highest price was $4.79.
The national average of gas is down 5.8 cents a gallon in the last week, averaging $3.08 on Monday. That’s down 11.1 cents from a month ago and nine cents lower than a year ago, according to GasBuddy.
“Gas prices have seen a notable weekly drop in most states as seasonal factors ramp up their impact—namely the switch to cheaper winter gasoline and falling gasoline demand,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Price cycling markets led the way with significant declines in Ohio, Florida, and Michigan, while Indiana experienced a price cycle that resulted in the largest weekly increase of any state last week. For now, seasonal factors will remain the primary driver of relief at the pump, though we continue to monitor the tropics for any potential disruptions to seasonal trends.”
Meanwhile, AAA Illinois says the average price of gas in the Peoria/Pekin metro area was $3.31 a gallon on Monday, the state average was $3.37, and the national average price of gas was $3.13.
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