CHICAGO, IL,
09
January
2024
|
11:03 AM
America/Chicago

Like Winter Temperatures Illinois Gas Prices Dip

Like Winter Temperatures Illinois Gas Prices Dip

Illinois gas prices have decreased 2 cents from a week ago. Today’s state average for a regular gallon of gas is $3.04. The price of gas is 29 cents less than a month ago, and 38 cents less than this time last year.

“Now that the holiday season has come to an end, fewer Illinoisans are filling up at the pump,” said Molly Hart, spokeswoman for AAA – The Auto Club Group. “Gasoline supplies are strong right now, due to strong refinery activity so barring some unexpected shock to the global oil market, gas prices will likely shuffle up and down a few cents for a while.”

Since last Monday, the national average for a gallon of regular gasoline has decreased by 4 cents to $3.07. Again, one reason could be lower demand, as fewer people are fueling up after the peak of holiday road travel. According to data from the Energy Information Administration (EIA), gas demand nosedived from 9.17 to 7.95 million barrels a day last week.

Meanwhile, total domestic gasoline stocks increased substantially by 10.9 million barrels to 237 million barrels. Weak gas demand, alongside increased supply, has pushed pump prices lower. However, rising oil prices have limited price decreases. If gas demand remains weak, drivers will likely continue to see pump prices trickle downward. 

 

Today

Sunday

Week Ago

Month Ago

One Year Ago

National$3.077$3.079$3.110$3.185$3.281
Illinois$3.049$3.061$3.055$3.334$3.422
Chicago Metro$3.157$3.172$3.127$3.464$3.530
Chicago City$3.522$3.516$3.563$3.902$3.851
Bloomington$2.914$2.913$2.983$3.210$3.259
Champaign$2.895$2.910$2.948$3.311$3.169
Peoria$2.951$2.954$3.042$3.244$3.391
Rockford$2.950$2.957$3.036$3.297$3.418
Springfield$2.918$2.925$2.966$3.251$3.264

Click here to view current gasoline price averages.

Ways to Save on Gasoline

  • Combine errands to limit driving time.
  • Shop around for the best gas prices in your community. 
  • Pay with cash. Some retailers charge extra per gallon for customers who pay with a credit card.
  • Remove excess weight in your vehicle. Every 100 pounds taken out of the vehicle improves fuel economy by 1-2 percent.
  • Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.

AAA Resources for Drivers

  • Enroll in savings programs. AAA Members who enroll in Shell’s Fuel Rewards program can save 30 cents per gallon on their first fill-up and 5 cents per gallon each additional trip to the pump. Click here for more information.
  • Get a tune-up. Ensure your vehicle is properly maintained to optimize its fuel economy. Visit AAA.com/AutoRepair to find a certified repair shop.
  • Find the lowest gas prices in your area by using the free AAA mobile app.
  • Determine anticipated fuel costs for your trip by using the AAA’s Gas Cost Calculator.

Drivers can find current gas prices using AAA.com/FuelFinder which allows consumers to compare gas prices at retailers by city or zip code.

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About AAA - The Auto Club Group

The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 million members across 14 U.S. states, the province of Quebec and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 64 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.