Rockford’s Gas Prices Keep Going Up, No End In Sight
The national average price for a gallon of gas rose sharply last week to $3.48, which is four cents more than a week ago. Here in Rockford, that number is $3.60 per gallon, when last week we were at $3.52.
Last month Rockford's gas price (for a gallon of self-serve regular) was $3.34, so it's pretty clear that we're going the...
Gas Price/Oil Industry Analysts Lay The Blame At The Rising Cost Of Barrels Of Crude Oil
AAA-Chicago points out that weather and our thoughts on the future of COVID-19 are helping to cause prices to rise:
The main culprit behind the recent climb in pump prices remains the high cost of crude oil, which is stubbornly bobbing around $90 per barrel. Moderating winter weather and optimism over a potential fading of the omicron variant have led to an increase in gas demand. Gas prices will likely increase as demand grows and crude oil prices remain above $90 per barrel.
It seems that getting some halfway decent weather while we watch state after state (except our own, thus far) roll back restrictions and mandates has made us all collectively want to drive around more.
Take A Look At How Gas Prices Have Been Changing Around Illinois
Nationally, gas prices are hovering around the $3.48 mark, when last week they were at $3.44, a month ago at $3.30, and sat at $2.50 one year ago.
Here in Rockford, the average gas price is $3.60. A week ago it was $3.52, $3.34 one month back, and $2.66 on this date in 2021.
In Chicago, where you're going to pay substantially more for nearly everything, their average gas price this week is $3.93, when last week it was $3.89. A month ago, the price was $3.78, and one year ago you would have paid $2.92 per gallon within Chicago city limits.