Average price of gas jumps 11 cents per gallon to $3.44

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CAMARILLO, Calif. (WTVO) — The average Illinois price of regular-grade gasoline jumped 11 cents over the past week, to $3.44 per gallon.

That is the highest the price has been since October 2014. AAA blames the hike on surging crude oil prices.

“The price of crude oil is increasing, at the beginning of the year it was at $48 per barrel, and actually this Friday, it went up to $80 per barrel,” said Molly Hart, a Spokesperson for AAA.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the rise comes as the cost of crude oil increases and demand goes up in Europe, where refineries are switching from burning gas to oil-based fuels.

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $4.55 per gallon. The lowest average is in Houston, at $2.77 per gallon.

According to GasBuddy, the cheapest price for a gallon of regular gas in Illinois Monday was $3.19.

According to the survey, the average price of diesel jumped 11 cents to $3.45 a gallon.

The Associated Press contributed to this article.

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