Average cost per gallon of premium gas falls in ZIP Code 60416 during week ending Dec. 14

The average cost of premium gas in ZIP Code 60416 decreased to $4.27 in the week ending Dec. 14, down from $4.29 in the previous week, according to customer reports submitted to GasBuddy.com.

In the last four weeks, the average reported price for premium gas at a ZIP Code 60416 gas station was $4.30.

Of the six reported gas stations in ZIP Code 60416, two offer premium gas.

According to the USPS, Coal City is the primary area with addresses in ZIP Code 60416.

Across Illinois, the average reported price per gallon of premium gas in the state rose to $4.33 per gallon, compared to $4.15 in the previous week.

Drivers across the U.S. have faced a rollercoaster of gas prices in recent months and years. Though the cost of a gallon of gas is dropping, experts suggest they may rise to $4 before the end of 2024.

Many analysts blame the COVID-19 pandemic for crushing oil demand and then oil production and Russia's war against Ukraine.

Gas data refers to the price of gas when paid for by cash, not credit. Gas stations can charge drivers more for using credit cards due to surcharge fees. This is prohibited in 10 U.S. states.

While data is accurate as of press time, note that gas prices can fluctuate daily or even hourly.