Today’s fuel price musings - get gas here!

1 comment March 17th, 2008

News for everyone who thinks we pay too much for gas in Rockford: We now have the lowest gas prices of any metro area in Illinois. I think this has happened one other time in my time here. Somehow, I don’t think this will stop the calls of “gouging” next time they spike up.

Here we go (data courtesy of AAA’s fuelgaugereport.com):

Gasoline: Rockford dropped almost a cent to $3.30 a gallon, which is still pretty high I’ll admit. But so is everyone else’s. The state average dropped about the same amount to $3.39 a gallon. Everyone in the state dropped today, except for East St. Louis, which passed us by increasing a cent to $3.31 a gallon. The national average dropped a fraction of a cent to $3.28 a gallon, so the record-setting pace has eased for a day.  Illinois now has the 8th-highest gas prices in the country. Who knows what will happen next?

Diesel: Rockford backed away from its record high, dropping two cents to $4.03 a gallon. We have the ninth-highest diesel prices in Illinois. The state as whole rose more than three cents to an absurd and record $4.14 a gallon. Chicago is up to $4.23 a gallon, and every metro area in the state is averaging at least $4. The nation as a whole reached $4 a gallon on average for the first time ever, increasing a cent. Illinois is tied for 8th in the country in diesel prices.