ROCKFORD (WREX) - Gas prices in the Rockford area have been hovering around the $2.75 mark and they aren't expected to make any drastic swings anytime soon.
According to GasBuddy.com Senior Petroleum Analyst Patrick DeHaan, drivers in the Rockford area are paying an average of $2.76 per gallon of unleaded regular. That's down 2.3 cents in the past week and one cent higher than the national average.
"Gasoline prices in a majority of the United States have been stuck in narrow range over the past several weeks," said Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst. "The longer oil and gasoline prices remain in this tight range, the harder it will be for prices to break out of that threshold." DeHaan cites the lack of significant economic improvement and quiet tropics thus far as a reason prices have failed to move significantly. "Unless we start seeing consistently good economic news or several large tropical storms, gas prices should remain relatively muted," he adds.
You can track down the cheapest prices in your neighborhood with the 13 Gas Buddy, linked along the left of this story.
