Gasoline prices in Illinois have dropped significantly over the past week, with the average price falling by 11.1 cents per gallon to $3.64. This marks a 40.7 cent decrease from prices a month ago and a 43.0 cent decrease from prices a year ago.
Data from GasBuddy shows that the cheapest gas station in Illinois was selling gas for $2.93 per gallon, while the most expensive station was selling gas for $4.99 per gallon, demonstrating a $2.06 price difference.
These lower gasoline prices will likely come as a relief to consumers who have been facing higher costs at the pump in recent months. The decrease in prices can be attributed to a variety of factors, including decreased demand for gasoline, lower crude oil prices, and an increase in refinery production.
While these lower prices may provide temporary relief to consumers, it is important to note that gas prices can be unpredictable and subject to change. It is always recommended for consumers to shop around for the best prices and consider factors such as location and station brand when purchasing gasoline.
Overall, the decrease in gasoline prices in Illinois is good news for consumers, providing some financial relief during a time when many are facing economic challenges.
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