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ROCKFORD — Gasoline prices in the city have fallen for a ninth straight week, and now average $4.05 per gallon, according to GasBuddy.

Prices in Rockford are about 81 cents per gallon lower than a month ago but stand about 82 cents per gallon higher than this time a year ago, according to GasBuddy’s survey of 139 stations here.

Nationally gasoline prices have similarly dropped, falling about 9 cents per gallon to $3.92.

“For the ninth week straight, gas prices have continued to fall, but the streak is at great risk of being broken this week with wholesale gasoline prices having bounced back up some 40 cents per gallon as oil prices have rebounded,” Patrick De Haan, head of petroleum analysis at GasBuddy, said in a news release. “That means the decline in average prices could wrap up soon, with some price increases possible as early as this week, especially in areas of the Great Lakes.”

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The national average price is down nearly 64 cents per gallon from a month ago and stands nearly 75 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 150,000 gas stations across the country.

“While the West Coast and some areas of the Rockies may see prices continue to drift lower, I do believe the national average could tick higher this week as the better than expected jobs report last week likely means less demand destruction than anticipated,” De Haan said.

August 15 gas prices | 10-year history

Year | Rockford average per gallon | national average

2021 | $3.23 | $3.17
2020 | $2.24 | $2.17
2019 | $2.70 | $2.63
2018 | $2.80 | $2.85
2017 | $2.30 | $2.34
2016 | $2.15 | $2.12
2015 | $3.02 | $2.67
2014 | $3.48 | $3.46
2013 | $3.46 | $3.53
2012 | $3.92 | $3.71

Source: GasBuddy

 

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