Gas prices down in Rockford region - WREX.com – Rockford’s News Leader

Gas prices down in Rockford region

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ROCKFORD (WREX) -

The average price per gallon of gas has dropped 6.4 cents over the last week to $3.47.

According to GasBuddy.com, that price is 19.8 cents higher than one year ago and 16.6 cents higher than one month ago. Nationally, prices are down 3.7 cents in the last week to $3.39, 11.3 cents higher than a month ago and 10 cents higher than a year ago.

Despite the slight drop in prices, it is still an expensive year to fill up your gas tank.

"While the national average continues to fall, we've done the math—the yearly average in 2012 is all but guaranteed to set all time record highs," GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said. "We still stand at $3.63/gallon for a yearly average, and gasoline prices would need to average no more than $2.35/gallon for every day left in 2012 for the national yearly average to drop below 2011, something that appears impossible."

Gas prices for the Christmas holiday are expected to be between $3.25 and $3.35 nationally.

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