Today’s fuel price musings - Back to $2?

2 comments January 6th, 2009

Gas prices are up to $1.99 a gallon around Rockford, and they pretty much went up throughout the region today. Must be something going on with supply prices out of Chicago (which has prices north of $2 now). Obviously, the rise of oil is the main reasons prices are up across the country, but I’ll look into what’s causing the somewhat faster spike in the Midwest tomorrow.Here are the (already outdated) prices from this morning (courtesy of AAA’s fuelgaugereport.com):

Gasoline: Rockford rose two cents to $1.85 a gallon. We have the second-highest gas prices in the state and we’re the 50th-highest of the nation’s 250 metro areas. The Illinois average rose almost two cents to $1.83. The national average rose almost two cents to $1.69. Illinois has the seventh-highest gas prices in the nation, including the District of Columbia. Only Alaska and Hawaii remain above $2 a gallon.

Diesel: Rockford rose three cents to $2.45 a gallon. We have the fourth-highest diesel prices in the state. The state average rose half a cent to $2.53. The national average rose half a cent to $2.41. Illinois has the 14th-highest diesel prices in the country. Only Alaska and Hawaii remain above $3 a gallon (though D.C. is getting close).