Gas prices in Rockford drop for the 10th week straight

August 22, 2022|By Mary Sisk|In 815 News, Local, Rockford, Trending
Gas prices continue to drop for the 10th straight week, averaging $4.00 per gallon in Rockford according to GasBuddy. (Photo provided by Canva)
By Mary Sisk
Rock River Current
Get our mobile app

ROCKFORD — Gas prices across the city have dropped for a 10th straight week, although the pace of the decline is slowing, according to GasBuddy.

GasBuddy’s survey of 139 stations in Rockford revealed prices have dropped about five cents per gallon in the last week to an average of $4 per gallon. The cheapest station in the city is priced at $3.59 and most expensive stands at $5.23.

“While some areas saw gas prices rise slightly last week, the national average saw yet another weekly decline, extending the streak to 10 straight weeks,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “In addition to falling gasoline prices, the average price of diesel has fallen below $5 per gallon for the first time since March, likely helping to cool off aggressive inflation numbers.”

More in Rockford: Stadelman says he’s optimistic about passenger rail in Rockford despite skeptics

The national average price of fuel has fallen in a similar fashion to Rockford, dropping five cents in the last week to an average of $3.86 per gallon.

While prices in surrounding cities Madison and Milwaukee are dropping or unchanged, Chicago’s price at the pump is up about one cent and sits at $4.66 per gallon.

Gas prices in Rockford are about 71 cents per gallon lower than a month ago but nearly 80 cents per gallon higher than this time a year ago.

August 22 gas prices | 10-year history

Year | Rockford average per gallon | national average

2021 | $3.20 | $3.14

2020 | $2.23 | $2.18

2019 | $2.64 | $2.60

2018 | $2.77 | $2.82

2017 | $2.30 | $2.34

2016 | $2.16 | $2.17

2015 | $2.95 | $2.62

2014 | $3.40 | $3.43

2013 | $3.52 | $3.52

2012 | $3.86 | $3.71

Source: GasBuddy


This article is by Mary Sisk. Email her at msisk@rockrivercurrent.com or follow her on Instagram at @maryrrcurrent