CHICAGO (CBS) — Motorists will continue to enjoy the lower prices at the gas pump.
A couple Chicago energy analysts predicted prices will keep falling dramatically.READ MORE: Chicago-Operated COVID-19 Vaccine Sites To Begin Accepting Walk-Ins Friday
In the Chicago area, the average price of a gallon of regular unleaded gasoline was just under $3 as of Monday morning.
“We’re seeing prices as low as the $2.60s for some of the areas – DuPage, Cook County. Some areas outside of Chicago could see prices drop into the $2.30s,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. “Northwest Indiana could see prices into the $2.20s.”
Phil Flynn, senior analyst for Price Futures Group in Chicago, said prices in the Chicago area could drop another 25 cents per gallon by the end of the year.READ MORE: Sources: CPD Officer Shoot Person Along Eisenhower Expressway In West Suburbs; Police Were Pursuing Person Of Interest In Shooting That Killed 7-Year-Old Jaslyn Adams
“We’ve already had the biggest drop since 2008, and they look like they’re going to go a lot lower,” he said. “So you’re going to be talking about, very easily, prices near $2.75 a gallon in the Chicago area here pretty soon.”