Today’s fuel price musings - expect $4 gas the rest of the year
Add comment June 10th, 2008
The U.S. Energy Information Administration projects gas prices to average at least $4 a gallon nationally every month for the rest of the year. The projection doesn’t have national prices dipping below $3.90 until *next* September, which means Rockford’s date with $4 gas would probably go through then.
Let’s hope the EIA is wrong. However, the last few times they were wrong, they had underestimated gas prices…
Rockford increased two cents today to a record $4.12 a gallon. We remain second in the state. Most metro areas increased today. The state average rose a cent today to a record $4.13. The national average rose two cents today to a record $4.04. Illinois has the ninth-highest gas prices in the nation.
Diesel: Rockford increased almost two cents today, six cents behind the record set May 30. We still have the second-highest diesel prices in the state. The state average rose less than a cent to sit at $4.79 a gallon. That’s two cents behind the record set May 31. The national average gained more than a cent today to reach $4.79 a gallon, less than a cent shy of the record set May 30. Illinois has the 20th-highest prices in the country, (including the District of Columbia, which rose past us).
