Local News

Gas Prices Could Increase Past Two Dollars a Gallon

Residents throughout central Illinois have enjoyed gas prices under two dollars a gallon, but those prices may increase soon in the area. Gregg Laskoski, Senior Petroleum Analyst for GasBuddy.com told Regional Radio News there has been a noticeable increase in the state and national average past $2.00 a gallon.

The increase in price is due to the transition of less expensive winter blend gasoline, to the more expensive summer blend. Laskoski says there has been a 50% rise in crude oil prices.

Laskoski says prices will continue to increase steadily until it reaches a peak during April or May. After reaching that peak, it is unknown if it will stay fairly high in the summertime or will consistently decrease.

You can download the free Gas Buddy App on your smartphone or go to illinoisgasprices.com. 

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