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Report: Gas prices rise again in Peoria area

(WEEK) -- Prices at the pump are up again this week, according to GasBuddy's weekly survey of nearly 150 stations around the Peoria area.

On Monday, gas prices are averaging $2.45 per gallon, an increase of 5.7 cents since last week's report. Compared to a month ago, prices increased 19.7 cents.

The highest price surveyed in the area is $2.59 per gallon, while the cheapest found is at $2.27.

The national average is also rising with a 4.9-cent increase since last week, averaging $2.31 per gallon.

The Quad Cities area is seeing an average of $2.22, while Champaign-Urbana has an average of $2.38 per gallon.

Illinois as a whole is being surveyed at an average of $2.41.

"With oil's meteoric rally continuing, motorists continue to face gas prices that continue to advance. With a barrel of crude oil now at its highest level in nearly a year, there's no where for gas prices to go but up," said Patrick De Haan, head of petroleum analysis for GasBuddy. "In a normal year, this is the time we tend to see gas prices struggle, and according to Pay with GasBuddy data, gasoline demand is indeed seeing seasonal struggles, but that has not tempered the appetite of the market as many remain bullish over the continued rollout of a COVID-19 vaccine. How long we may be on this road relies on continued reduction in new COVID cases, but we may for the coming weeks seeing gas prices continuing their climb."

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