Gas Prices Expected to Creep Up

ROCKFORD (WIFR) - Rockford area average gas prices have risen almost four cents per gallon this week to $3.78 per gallon.

According to GasBuddy, this measures to a price difference of half a cent per gallon higher than a year ago in Rockford but 17 cents per gallon higher than a month ago.

The national average has risen a cent per gallon this week to $3.51 per gallon. In the last month, the national average has decreased almost eight cents per gallon and is almost 27 cents per gallon lower than a year ago.

"Oil prices have rebounded, and with the recent strength in stocks trickling over to commodities, I do expect retail gasoline prices to inch up in the weeks ahead," said Patrick DeHaan, GasBuddy.com senior petroleum analyst, in a press release. "...Prices will also increase in many other areas, led higher by the rally in crude prices we've witnessed in the last week."


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