Today’s fuel price musings - something’s gotta give

March 5th, 2008 at 10:48am Thomas V. Bona

(data courtesy of AAA’s fuelgaugereport.com)

Gasoline: If I were the kind of person that bought my gas based on price fluctuations, I would fill up today. Rockford, along with most of Illinois, dropped today while the national average continued its uptick. The national average is now two cents above the Illinois average, which is very rare. Since Feb. 25, Rockford dropped more than 11 cents and Illinois dropped almost three cents, while the nation increased four cents. Typically, when the nation’s prices go up, so do ours. So something’s gonna change soon. We fell to fourth in the state, decreasing four cents to $3.13 a gallon. The Quad Cities remains the top in the state at $3.20

Diesel: I wish I had good news for truckers, bus drivers and other diesel users. But Rockford increased more than a penny to $3.79 a gallon, and is now fourth in the state. In this case, we’re mirroring national prices, which increased almost three cents today and about 25 cents since mid-February. The state average has stayed at $3.82 for a few days, but the general trend is also up. Chicago remains on top with $3.90. Danville has a relatively normal three-cent drop, so despite my wild predictions, it’s calmed down over there. Oh, and Illinois has the 10th-highest diesel prices in the country.

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