Experts: Gas prices won't change much from now until Christmas

By WEEK Producer

Experts: Gas prices won't change much from now until Christmas

November 26, 2012 Updated Nov 26, 2012 at 12:01 PM CDT

PEORIA, Ill. -- Gasoline analysts say not to expect too much fluctuation in gas prices from now until Christmas.

Average retail gasoline prices in Peoria have risen 0.6 cents per gallon in the past week, averaging $3.45/g Sunday.

This compares with the national average that has not moved in the last week to $3.43/g, according to gasoline price website PeoriaGasPrices.com.

"The national average may continue to moderate slightly by Christmas, but I'm not expecting significant decreases or increases in the national average in the short term at this point," said said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "There are several factors putting both upward pressure and downward pressure on oil and gasoline, and I expect some fluctuation in prices, but overall, there will likely not be much change between today and Christmas," DeHaan said.

For more information, please visit PeoriaGasPrices.com.

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