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Where could ZIP Code 60416 residents find the cheapest gas in week ending June 7?

 
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Where could ZIP Code 60416 residents find the cheapest gas in week ending June 7?
Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.gov

During the week ending June 7, three gas stations in ZIP Code 60416 had the best deals on all reportedly available fuel types, according to customer reports submitted to GasBuddy.com.

Shell (725 E Division St) posted the lowest prices across the board—premium gas at $4.37 per gallon, midgrade gas at $3.87, regular gas at $3.37, and diesel at $3.36.

Based on customer reports about the five reported stations in ZIP Code 60416 during the week ending June 7, the average prices for available fuel types were:

  • Regular gas: $3.41 per gallon.
  • Midgrade gas: $3.98 per gallon.
  • Premium gas: $4.47 per gallon.
  • Diesel: $3.37 per gallon.

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

Across Illinois during the week ending June 7, the average reported prices for available fuel types were:

  • Regular gas: $3.35 per gallon, compared to $3.42 the week before.
  • Midgrade gas: $3.90 per gallon, compared to $3.96 the week before.
  • Premium gas: $4.38 per gallon, compared to $4.47 the week before.
  • Diesel: $3.49 per gallon, compared to $3.53 the week before.
  • E15: $3.12 per gallon, compared to $3.25 the week before.
  • E85: $2.70 per gallon, compared to $2.79 the week before.

Drivers in the United States have experienced a rollercoaster of gas prices in recent years due to supply disruptions, shifting consumer demand, and ongoing geopolitical tensions. Global conflicts—most notably Russia’s war on Ukraine—have driven prices higher, further compounded by U.S. and E.U. sanctions on Russian oil and, more recently, new U.S. sanctions on Russian tankers that have strained supplies even further. These factors, along with lingering pandemic effects and seasonal travel surges, have led to local price variations ranging from the low $3s to over $4 per gallon.

According to the U.S. Energy Information Administration’s Short-Term Energy Outlook, global oil markets are gradually stabilizing as supply chains recover and domestic production increases. Although seasonal demand may still trigger occasional spikes, improved production and inventory levels are expected to moderate these fluctuations. At the same time, trade policies—such as tariffs on Canadian and Mexican oil as noted by GasBuddy—are adding extra pressure by increasing costs for refiners, which could impact consumer prices and further challenge household budgets.

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.

Data is accurate as of press time, but gas prices have been known to fluctuate on a daily, and even hourly, basis.

Fuel Price Snapshot: Week Ending June 7 and Prior Week in ZIP Code 60416 vs. Statewide Averages

Premium GasMidgrade GasRegular GasDiesel$4.47$4.47$4.5$4.5$4.38$4.38$3.98$3.98$3.91$3.91$3.9$3.9$3.41$3.41$3.41$3.41$3.35$3.35$3.37$3.37$3.37$3.37$3.49$3.49ZIP This WeekZIP Previous WeekStatewide Average

Cheapest Gas Prices in ZIP Code 60416 in Week Ending June 7
StationAddressRegular Gas ($/gal)Midgrade Gas ($/gal)Premium Gas ($/gal)Diesel ($/gal)
Shell3195 E Division St$3.45$4.11$4.57$3.37
Gas N Wash3010 E Division$3.45$4.05$4.55$3.39
BP20 E DIVISION ST$3.87$4.37$3.36
Shell725 E Division St$3.37$3.87$4.37$3.36
Casey's2040 E Division St$3.37$3.36