- Dimke: ‘I’m not going to retire’
- IMRF responds: Pay spiking against the rules
- Bill limits automated license plate readers
- Private uni’s subject to FOIA says House
- Guest Commentary: Earth Day or April Fools Day?
- State Roundup: Concerns raised about proposed change in DUI pot standard
- Bill would decrease pot penalties; small amounts would draw only ticket, fine
- Senate votes to restore human service cuts; bill moves to House for consideration
- Bill to restrict red light cameras passes House
- State Roundup: Budget fix in current FY not yet done
Area gas prices expected to hold in $3 range through holiday weekend
Area gas prices are expected to remain around $3 per gallon as the holiday weekend approaches, according to American Automobile Association (AAA) reps and reports from Rockfordgasprices.com.
According to area stats, pump prices averaged $3.05 per gallon of regular unleaded gasoline in the last 72 hours, reflecting a 3-cent increase over last week.
As of press time, the national per-gallon regular unleaded tally was at $2.97.
Spokesmen at AAA said drivers in most markets are paying significantly more compared to last year’s Christmastime average of approximately $2.50.
With crude oil hovering around $90 per barrel for the first time in two years, gas prices are following, in spite of the winter trends that usually result in cheaper fuel.
Gasoline shortages have been reported on the East Coast and other U.S. markets, which experts say is linked to refinery shutdowns.
Meanwhile, the AAA says area prices will likely hold through Sunday, Dec. 26. Where they go from there will be known as crude oil prices stabilize.
“It’s hard to say where prices are going to go,” Beth Mosher of AAA said. “In the near term, people should expect prices to remain about where they are.”
Stats continue to show Illinois among states with the most expensive gasoline. Some of the cheapest are Alabama, Arkansas, Colorado, Louisiana, Mississippi and Texas.