Gas prices in Peoria area drop, averaging $3.31 per gallon
PEORIA, Ill. (WMBD) — Gasoline prices in the Peoria area fell slightly in the past week, according to a website that monitors such trends.
According to the GasBuddy website, the average of gas in the Peoria area fell 2.3 cents for an average of $3.31 a gallon, according to GasBuddy's survey of 148 stations in Peoria.
Why do gas prices drop around presidential elections?
That's about 4.2 cents lower than a month ago and 40 cents a gallon lower than a year ago. The national average price of diesel dropped 2.8 cents last week, with the national average being at $3.47 a gallon, nearly the lowest tally since 2021.
The cheapest places in the Peoria area, the website reported, was the Cenex gas station in Pekin that reported $3.09 a gallon. The most expensive area station was $3.49 a gallon.
The average price of gas in the U.S. was right at $3.08 a gallon, while the state's average rose to $3.38 a gallon.
'Even with oil prices jumping more than $4 per barrel compared to last week, the national average price of gasoline has resumed its decline as refineries wrap up seasonal maintenance and prepare to boost output,' said Patrick De Haan, head of petroleum analysis at GasBuddy. 'Forty states have seen average gasoline prices fall over the last week, while just ten have seen increases—most notably on the West Coast, where another refinery fire in Northern California once again disrupted gasoline production.
'As we approach Memorial Day, gas prices may see some minor fluctuations, but for now, I don't expect any significant changes to the national average, with prices staying near their lowest seasonal level since 2021.'
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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