The price of gas in Illinois is creeping upward. The statewide average stands at $2.69, according to the AAA Fuel Gauge Report – up 12 cents from a month ago. Beth Mosher, spokesman for the Aurora-based AAA-Chicago Motor Club, says the increase should not be a surprise. “That’s expected this time of year, as we’re heading into the summer driving season we expect prices to rise,” she said. But it’s still a low price for this time of year. “By May standards, this price is something that all drivers should be pretty pleased about,” Mosher said.
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Gas was $3.85 a year ago, $1.16 higher than today’s price. Mosher says the gasoline market over the last nine months has featured abundant supply, slack demand worldwide and stable crude oil prices.
The price of gas in Illinois peaked at $3.92 in June of last year, then plummeted into January, and has been rising since, but Mosher says the price should stay reasonable during this summer.