gas prices

Gas Prices May Be Close To Bottoming Out

Dec 30, 2014
Flickr user Luca Volpi / "Gasoline" (CC BY 2.0)

The price of a gallon of Regular-grade gasoline is now below the $2 mark at many gas stations in downstate Illinois. 

Analyst Patrick DeHaan, with, thinks those prices may be within five or ten cents of bottoming out. He says prices should start rising in January or February, when oil refineries cut back production for seasonal maintenance and retooling.

But DeHaan predicts gas prices in 2015 will stay lower overall than the year before.

Gas prices surge in northern Illinois

Aug 3, 2012

There's been a nationwide uptick in gas prices. But prices across the northern Illinois region have surged by nearly 20 cents over the past week.