Peoria Gas Prices Fall

Published 05/05 2014 07:13PM

Updated 05/05 2014 07:16PM

Average retail gas prices in Peoria have fallen 4 cents per gallon in the past week, according to a new survey issued Monday by Prices were 6.1 cents per gallon lower than a year ago but 1.9 cents per gallon higher than a month ago. Senior Petroleum Analyst Patrick DeHaan believes the national average has peaked for now. By Memorial Day, DeHaan says, if there aren't major refinery problems that develop, we could see the national average dropping to the $3.50s or perhaps even lower.

Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

CIProud Workday Newsletter Sign-up