Rockford gas prices up after Thanksgiving holiday - WREX.com – Rockford’s News Leader

Rockford gas prices up after Thanksgiving holiday

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ROCKFORD (WREX) -

If you're looking to fill your gas tank, you'll have to pay a bit more this week.

Over the last week, gas prices have risen 3.8 cents per gallon in the Rockford area to $3.54, according to RockfordGasPrices.com. That's 22.5 cents higher than one year ago and 15.2 cents higher than one month ago.

The national average, however, has not moved, staying at an average of $3.43 cents per gallon. Nationally, the price is 11 cents higher than one year ago and 14.1 cents higher than one month ago.

"While Thanksgiving 2012 is now behind us, the stigma of record high gas prices is not," GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said. "Thanksgiving Day 2012 featured the highest ever daily average for the holiday, beating out 2011 by over 10 cents per gallon. The national average may continue to moderate slightly by Christmas, but I'm not expecting significant decreases or increases in the national average in the short term at this point. There are several factors putting both upward pressure and downward pressure on oil and gasoline, and I expect some fluctuation in prices, but overall, there will likely be not much change between today and Christmas."

 

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