Today’s fuel price musings - The slow drop in gas prices

Add comment September 24th, 2008

The Chicago area still had the highest wholesale gasoline prices in the country, last I saw, so it’s been a slow recovery from the Ike shutdowns. But things seem to be getting back online, and prices are starting what could be a precipitous descent, should oil not go up again.

Rockford prices are down to $3.85 to $3.89 a gallon today, so the prices AAA reported this morning are already outdated. But still worth writing about (as always, courtesy of AAA’s fuelgaugereport.com):

Gasoline: Rockford dropped almost two cents to $3.93 a gallon. We still have the second-highest gas prices in the state. The Illinois average dropped more than two cents to $3.97. The national average dropped a cent to $3.72. Illinois has the third-highest gas prices in the nation.

Diesel: Rockford increased three cents to $4.07 a gallon. We have the fifth-highest diesel prices in the state. The state average increased a cent to $4.23. The national average remained at $4.11. Illinois the eighth-highest prices in the country.