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Gas Prices Are Dipping

Gas Prices Are Dipping

Photo: Associated Press

The price of gas in Illinois is coming down.

How can this be, with the price about the same as it was a month ago nationally, and the price of crude oil up a little? It has to do with refineries that serve Illinois increasing their output, says Gail Weinholzer of the AAA.

“There was a great deal of maintenance work done during the spring switchover from the winter- to the summer-grade fuels; there were a few refineries that had not yet come back on-line at full capacity. They’ve been doing so over the last few weeks, the supply has been increased and prices have actually been counter (to) most of the national trend. In the Illinois area, prices have actually been declining,” she said.

The statewide average is now $3.82, down from $3.90 a month ago, according to the AAA Fuel Gauge Report. The price last year at this time was 11 cents cheaper, though, at $3.71.

 

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