Iroquois County sees lowest price for midgrade gas at $3.29 in week ending Feb. 28

David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC)
David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC)
0Comments

Midgrade gas was sold at the lowest price of $3.29 per gallon at one gas station in Iroquois County during the week ending Feb. 28, according to customer reports submitted to GasBuddy.

The county registered an average of $3.41 per gallon for midgrade gas.

Of the 21 reported gas stations located within Iroquois County, six offered midgrade gas.

The statewide average price of midgrade gas in Illinois was $3.56 per gallon for the week ending Feb. 28, an increase from the previous week.

U.S. gas prices continue to decline after reaching their lowest level since 2021, according to GasBuddy. The group projects the national average could dip below $2.80 per gallon during the holiday period, driven by increased oil production and lower seasonal demand.

The U.S. Energy Information Administration expects global oil stockpiles to keep growing into 2026, a trend that could weigh on crude prices in the near term. Brent crude is projected to average about $55 per barrel in early 2026 and remain near that level for the rest of the year. The agency notes that production decisions by OPEC+ and continued inventory building in China could limit how far prices fall.

Gas price data reflects cash payments. Some stations may charge higher prices for credit card transactions due to processing fees, though such surcharges are prohibited in some states and territories.

Data is accurate as of press time, but gas prices have been known to fluctuate on a daily, and even hourly, basis.

Lowest Reported Midgrade Gas Prices in Cities Associated With Iroquois County in Week Ending Feb. 28

Information in this article was obtained from GasBuddy. The source data can be found here.



Related

Laura V. Swett, Chairman of Federal Energy Regulatory Commission (FERC)

Cheapest premium gas in Kankakee County reach $3.99 in week ending Mar. 28

The week’s cheapest premium gas price in Kankakee County stood at $3.99 per gallon in the week ending Mar. 28.

How many lawyers were eligible to practice law in cities in Kankakee County in March?

How many lawyers were eligible to practice law in cities in Kankakee County in March?

The number of lawyers with active licenses in cities in Kankakee County in March decreased in comparison to the previous month.

Judy W. Chang, Commissioner of Federal Energy Regulatory Commission (FERC)

Kankakee County saw lowest price for E15 gas at $3.76 in week ending Mar. 28

The lowest price of E15 gas in cities throughout Kankakee County was found at a single gas station in the week ending Mar. 28, according to customer reports submitted to GasBuddy.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Kankakee Times.