Average retail gasoline prices in IL rose 4 cents a gallon in the past week, averaging $2.30 on Monday, according to GasBuddy's daily survey of 4,378 gas outlets in IL. That is the same costs that were reported in the previous week's survey.
With that, analysts say we could see prices rise 35-65 cents per gallon by Memorial Day. The Show-Me State's average yesterday was $2.08 per gallon, below the national rate of $2.27 per gallon, according to a news release. The potential for more USA oil production has kept a ceiling on oil prices and diminished the impact of efforts by OPEC and non-OPEC countries to cut production and rebalance global oil supply.
Gas prices around the Stateline were down again over this past week, but gasoline experts say they could soon be on the rise. That's up 7 cents from last week and about 80 cents more than this time a year ago.
Gas prices in Rockford are down 3.4 cents compared to a week ago. A gallon of regular had been selling for $1.705 at this time in 2016, according to AAA data. Georgia drivers are paying 52.5 cents more than the $1.655 they were paying a year ago, and metro Albany drivers were paying 52.9 cents more than 2016's $1.577.
The average price in OH was $2.12 early Monday, making it the 11th least-expensive state in the country.
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