The Passenger Seat
Whether you ride, drive or fly, transportation issues affect everyone. Especially when fuel prices are so high. Join Thomas V. Bona as he examines the things that make the world move.

Today’s fuel price musings - shhh, don’t wake oil prices

July 23rd, 2008 at 06:34pm Thomas V. Bona

Oil prices dropped again, to below $125 a barrell for the first time in six weeks. I see gas prices below $3.90 at places in Rockford. This is weird, let’s tiptoe through the update…

Numbers courtesy of AAA’s fuelgaugereport.com:

Gasoline: Rockford dropped more than a cent to $3.95 a gallon, a 25-cent drop from last week’s record. We’re still tenth in the state in gas prices. The state average dropped almost two cents to $4.14, about 11 cents below Thursday’s record. The national average dropped more than a cent to $4.04, 7 cents below Thursday’s record.  Illinois has the 13th-highest gas prices in the nation (including the District of Columbia).

Diesel: Rockford rebounded a cent to $4.76, about 11 cents below the record set in May. We still have the seventh-highest diesel prices in the state. The state average dropped almost a cent to $4.82, down four cents from Thursday’s record. The national average dropped almost a cent to $4.80, down four cents from Thursday’s record. Illinois has the 20th-highest prices in the country (including the District of Columbia).

Entry Filed under: Fuel price musings

3 Comments Add your own

  • 1. Robert Trojan  |  July 23rd, 2008 at 8:00 pm

    I’m gonna walk to work for a day so I can fill up on this lower priced gas that’s coming.
    I’m feeling better already!!

  • 2. Craig Knauss  |  July 23rd, 2008 at 9:42 pm

    $3.95 gas in Rockford? It must be nice. Gas is still about $4.23 out here in Eastern Washington. Yee hah!

  • 3. Thomas V. Bona  |  July 24th, 2008 at 10:29 am

    Craig,

    That’s what you get for being as far away from the Gulf Coast as any state in the continental U.S.

    Washington has the fifth-highest gas prices in the U.S. It also has the sixth-highest gas taxes in the country, according to the American Petroleum Institute.

    The four states ahead of you?

    Alaska - way the hell out there
    Hawaii - way the hell out there
    California - highest gas taxes in the nation
    Connecticut - second-highest gas taxes in the nation

    Sometimes gas prices make more sense than people realize … geography and taxes are a big factor.

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