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Week ending Oct. 26: Average midgrade gas price per gallon in ZIP Code 60481 down from previous week

Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.gov

The average cost of midgrade gas in ZIP Code 60481 decreased to $3.54 in the week ending Oct. 26, down from $3.69 in the previous week, according to customer reports submitted to GasBuddy.com.

In the last four weeks, the average reported price for midgrade gas at a ZIP Code 60481 gas station was $3.66.

In the week ending Oct. 26, the lowest reported price of midgrade gas in ZIP Code 60481 was $3.49.

Of the seven reported gas stations in ZIP Code 60481, two offer midgrade gas.

According to the USPS, Wilmington is the primary area with addresses in ZIP Code 60481.

Across Illinois, the average reported price per gallon of midgrade gas in the state fell to $3.94 per gallon, compared to $4.01 in the previous week.

Gas prices in the U.S. have fluctuated greatly in recent times and many drivers are feeling the pain at the pump.

The cost of rising gas prices is made tougher on average U.S. families by rising inflation. Families had to pay nearly 8% more for average goods and food they needed.

Experts predict gasoline prices could drop below $3 this year before rebounding closer to $4 by year's end. GasBuddy forecasted a national average of $3.38 per gallon, down from $3.51.

Gas data refers to the price of gas when paid for by cash, not credit. Gas stations can charge drivers more for using credit cards due to surcharge fees. This is prohibited in 10 U.S. states.

While data is accurate as of press time, note that gas prices can fluctuate daily or even hourly.

Average Reported Gas Prices per Gallon in ZIP Code 60481 in Week Ending Oct. 26

StationAddressRegular GasPremium GasMidgrade GasE85Diesel
Mohsen #424001 Lorenzo Rd$3.08$3.88$3.58$2.69$3.38
BP29849 SE Frontage Rd$3.12$3.89$3.49-$3.50
Mobil204 E Baltimore St$3.19----
Shell24225 West Lorenzo Rd----$3.64