State Gas Prices Coming Down Despite High Crude Prices

By: Aurora - AP
By: Aurora - AP

Nicole Niemi of the Aurora-based Triple-A Chicago Motor Club says it's an unusual situation.

The increase in crude oil prices in the spring resulted in a 20-cent jump in retail gasoline prices in Illinois, but refineries have high inventories now, especially of summer-grade gasoline that has to be used up soon and demand is slackening.

According to Triple-A's monthly survey, the average gasoline price in Illinois is $1.90 per gallon. That's down three cents from July, but still 27 cents higher than August of last year.


23 WIFR 2523 North Meridian Road Rockford, IL. 61101 Business: 815-987-5300 Fax: 815-965-0981 News: 815-987-5330 Fax: 815-987-5333
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 941732