Today’s fuel price musings - Oil below $60 (or Party Like It’s Early 2007)
Add comment November 11th, 2008
But there are some signs that the bottom is coming soon in gas prices….
Here are today’s metro area prices (as always, courtesy of AAA’s fuelgaugereport.com):
Gasoline: Rockford dropped a penny to $2.26 a gallon. We have the third-highest gas prices in the state. Quad Cities actually increased a fraction of a cent while Peoria stayed where it is. Coincidence? Or a flattening? (Decatur, the lowest-priced metro area in the state, keeps dropping and is now below $1.92 a gallon). The Illinois average dropped almost four cents to $2.28. The national average dropped two cents to $2.22. Illinois has the 18th-highest gas prices in the nation, including the District of Columbia. Four states have gas prices averaging below $2 a gallon - Indiana, Missouri, Ohio and Oklahoma. Only Alaska and Hawaii remain above $3 a gallon.
Diesel: Rockford dropped three cents to $3.05 a gallon. We have the sixth-highest diesel prices in the state. The state average dropped a cent to $3.19. The national average dropped less than a cent to $3.09. Illinois has the 12th-highest diesel prices in the country. Twelve states have disel prices averaging below $3. Only Alaska and Hawaii remain above $3 a gallon.
