AAA: Gas Prices Falling to Lowest Prices Since 2009

AURORA, Ill., Feb. 1, 2016 Seasonal demand and falling crude oil costs have sent pump prices to the lowest mark in six years. The national average price of $1.81 per gallon is the cheapest price since January 2009, and retail averages have fallen for 70 of the past 80 days for a total savings of 40 cents per gallon over this span. Crude oil supply continues to outpace demand, which has helped push gas prices down by seven cents on the week, 18 cents on the month and 21 cents on the year. Illinois and Indiana drivers are currently paying on average $1.70 and $1.67 respectively for a gallon of regular unleaded. These prices are also the lowest prices Illinois and Indiana drivers have paid since January 2009. 

    In January in Illinois, gas prices averaged $1.89, which was down $.11 from December 2015 and $.19 less than a year ago. In northern Indiana, gas prices averaged $1.76 in January, which was down $.12 from December 2015 and down $.17 from January 2015.

Other January monthly averages across the region: 

Fuel prices are posted on-line at www.fuelgaugereport.com, which updates prices daily for unleaded, diesel and E85 blends of fuel.    

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