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ZIP Code 60481: Average cost per gallon of midgrade gas falls during week ending Nov. 2

Federal Energy Regulatory Commission (FERC) Chairman Willie L. Phillips | Federal Energy Regulatory Commission

The average cost of midgrade gas in ZIP Code 60481 decreased to $3.51 in the week ending Nov. 2, down from $3.54 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 $3.61.

In the week ending Nov. 2, the lowest reported price of midgrade gas in ZIP Code 60481 was $3.39.

Of the seven reported gas stations in ZIP Code 60481, three 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 $3.84 per gallon, compared to $3.94 in the previous week.

Drivers across the U.S. have faced a rollercoaster of gas prices in recent months and years. Though the cost of a gallon of gas is dropping, experts suggest they may rise to $4 before the end of 2024.

Many analysts blame the COVID-19 pandemic for crushing oil demand and then oil production and Russia's war against Ukraine.

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 Nov. 2

StationAddressRegular GasPremium GasMidgrade Gas
Mohsen #424001 Lorenzo Rd$3.08$3.88$3.58
Phillips 661105 S Water St$3.09$3.69$3.39
Mobil204 E Baltimore St$3.14--
Shell809 E Baltimore St$3.15--
Shell24225 West Lorenzo Rd-$4.21$3.56