Effingham Daily News, Effingham, IL

Local News

December 24, 2012

Gas prices drop

EFFINGHAM — Drivers may be getting a surprise early present when they stop by the gas pump on their way out to holiday gatherings.

    “What we see right now reflects a pretty consistent pattern,” said Gregg Laskoski, senior petroleum analyst for gasbuddy.com. “There’s lots of supply and still not a lot of demand. There are 8 million barrels of petroleum coming in from east and Gulf Coast refineries with strong supply side numbers and relatively low demand.”

    Laskoski said travelers can expect to see prices around $3.23, only a penny higher than gas prices this time last year. He also said those low rates may not be the end of the savings drivers could see at the pump.

    “I think we’re expecting incremental decline to the end of the year,” he said. “We’re still expecting decline but not as much as we’ve seen. Once we get to mid January we’ll see prices probably plateau.”

    Local vendors are expressing some concern those low prices may not appear.

    “I know that our market as a whole, the price of oil has gone up,” said Martin’s IGA general manager Ken Lansing. “I would expect  to see a slight bump in price. We’ll hopefully see them come right back down.”

    Laskoski said these fears may be unfounded.

    “A lot of people think gas prices will go up but we’ve seen where they actually decline and I wouldn’t be surprised if they actually decline from Dec. 23 through Dec. 27,” he said. “There’s no reason to expect a spike.

    “In  most areas, some more than others, you’ll see a decline just because supply is as great as it is.”

    While keeping the tank full is one necessity, Laskoski said other precautions should be taken before hitting the road.

    “In almost any metro market you can identify, the range of prices from lowest to highest gas can be 90 cents a gallon,” he said. “Because that range is so significant, it’s important to make those travel plans and probably fill up before you go. Let people know what time you’re leaving and what time you expect to get there. We always recommend people check their tires and have them inflated to their where the manufacturers recommend. Check the vehicle make sure everything is in good running condition.”

Text Only
Local News
  • IMG_5943.jpg Cross takes on red glow for Good Friday

    The Cross at the Crossroads hosted a Good Friday prayer service at the Welcome Center.

    April 19, 2014 1 Photo

  • Investigator wants tougher ethics laws for legislators SPRINGFIELD (AP) -- Job recommendations and university application referrals from Illinois lawmakers should be tracked and publicized after clout-related scandals at the University of Illinois and the Metra transit agency, the General Assembly's top

    April 19, 2014

  • Medicaid paid $12M for dead Illinoisans CHICAGO (AP) -- The Illinois Medicaid program paid an estimated $12 million for medical services for people listed as deceased in other state records, according to an internal state government memo. The memo dated Friday, which The Associated Press o

    April 19, 2014

  • 4-19 cross walk.jpg Church goers carry cross for Good Friday

    For Effingham resident Adrian Guzman, carrying a cross across Effingham is more than symbolism. 

    April 18, 2014 1 Photo

  • Two in hospital after chase with St. Elmo police

    Two individuals were sent to the hospital after a chase with a St. Elmo Police officer.

    April 18, 2014

  • tony- sigel 1 Sigel St. Michael breaks ground TONY HUFFMAN Daily News Want to Help? Donations are still being accepted for the addition. Donations may be mailed, dropped off at the parish offices, or placed in collection baskets. A donation wall in the renovated parish center will feature a "Giv

    April 18, 2014 1 Photo

  • Meth suspect sentenced to 54 months NEWTON -- A man accused of cooking methamphetamine in a vehicle with a child present was sentenced in Jasper County Court Thursday. Charles "Chase" L. Shroyer, 23, was sentenced to 54 months in prison after pleading guilty to possession of methamphet

    April 18, 2014

  • Low ridership drives fee up TONY HUFFMAN Daily News Low ridership drives fee up

    April 18, 2014

  • Easements still sought for project After an approval for work on a 21-mile water transmission line between Teutopolis and Newton at a meeting earlier this month, progress continued to trickle in at Wednesday night's Teutopolis Village Board meeting. The Village Board heard from Connor

    April 17, 2014

  • 2 in court on meth charges Jackson Adams Daily News Two individuals arrested on methamphetamine charges in Shumway appeared in Effingham County Circuit Court Tuesday. Tara L. Devoe, 18, of Shumway and Nathaniel S. Sparks, 23, of Beecher City both appeared with counsel before a

    April 16, 2014

AP Video

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.