Today’s fuel price musings - Will the upswing resume?

March 26th, 2008 at 11:24am Thomas V. Bona

Mixed messages today (data courtesy of AAA’s fuelgaugereport.com):

Gasoline: Rockford’s prices dropped three cents to $3.30 a gallon, though both the state and national averages ticked up. A lot of yo-yoing in Illinois today: Springfield rose more than five cents to $3.24 a gallon; East St. Louis rose three cents to $3.33 a gallon; Chicago rose two cents to $3.42 a gallon; and Quincy dropped more than three cents to $3.24 a gallon. The net result is we’re now fourth in the state in gas prices. The state average increased a cent to $3.36 a gallon. The national average increased less than a cent and is at $3.26 a gallon. Illinois is tied for the 8th-highest gas prices in the country.

Diesel: Rockford rose almost two cents to $4.11 after a one-day decline. We’re back up to fourth place for diesel prices in Illinois. The state as whole stayed at $4.15 a gallon today. East St. Louis and Quincy returned to the land of $4-a-gallon fuel (welcome back, guys!). The national average increased a tenth of a cent and is is still at $4.03. Illinois still has the 10th-highest prices in the country.

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