Local News

Seasonal Dip in Gas Prices

Even with two wars underway in the Middle East, gas prices in Illinois will remain steady, at least until Iran becomes more involved.

 

That's partially due to prices receiving a seasonal dip as fewer Americans are on the road during the winter. However, if Iran becomes more involved, it could be problematic for Illinoians at the pump. Patrick DeHaan is the head of petroleum analysis at GasBuddy.

 

 

Prices could rise if Tehran becomes more involved since the Middle East is home to more than half of all crude oil reserves.

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