Pump Prices Plunge

Published 01/23 2012 01:30PM

Updated 01/23 2012 01:36PM

Average gas prices in Champaign fell nearly $0.14/gallon the past week. As of Sunday, prices averaged $3.16/gal. It compares to the national average which increased $0.06/gal to $3.34/gal according to champaigngasprices.com. Locally, prices are about $0.085/gal cheaper than a month ago. The national average increased nearly $0.12/gal during the last month and is $0.253/gal higher than one year ago. A senior petroleum analyst says oil prices dropped slightly late last week as tensions with Iran cooled "somewhat."


Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.