Gas prices falling in the Tri-States - Quincy News, Weather, Sports, and Radio

Gas prices falling in the Tri-States

KEOKUK, Ia. (WGEM) -- Prices at the pump are on the way down and they could fall even more.

In Quincy, gas prices sit at $3.15 a gallon.  But in other parts of the Tri-States prices are already well below $3.  In Keokuk, gas is $2.83 a gallon.  In Hannibal, it's $2.92.

The national average is near $3 a gallon, the lowest it's been in three years.  And with varying prices locally, Tri-State drivers say they fill up wherever they can save the most money.

One driver said, "I try to pick the cheapest.  Illinois is still a little higher than Iowa but I like to keep my money in Illinois but these Iowa gas prices are what draw you over."

"I just wish they'd go a little bit lower.  Maybe it'll get below two dollars a gallon.  That would be nice," said another Southeast Iowa driver.

"I wish they were only $.50 a gallon like they were when I was young."

Analysts say prices haven't reached the bottom of the barrel.  They expect prices to fall another $.10 to $.20 more by the end of the year.  One of the main reasons for the drop in prices is an increase in U.S. oil production.

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