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Did the average price of regular gas in ZIP Code 60404 change in week ending May 24?

 
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Did the average price of regular gas in ZIP Code 60404 change in week ending May 24?
Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.gov

The average cost of regular gas in ZIP Code 60404 decreased to $3.37 in the week ending May 24, down from $3.51 in the previous week, according to customer reports submitted to GasBuddy.com.

In the last four weeks, the average reported price for regular gas at a ZIP Code 60404 gas station was $3.41.

In the week ending May 24, the lowest reported price of regular gas in ZIP Code 60404 was $3.22.

All of the six reported gas stations located in ZIP Code 60404 offer regular gas.

According to the USPS, Shorewood is the primary area with addresses in ZIP Code 60404.

Across Illinois, the average reported price per gallon of regular gas in the state rose to $3.42 per gallon, compared to $3.38 in the previous week.

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.

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

Average Reported Gas Prices per Gallon in ZIP Code 60404 in Week Ending May 24

StationAddressRegular GasPremium GasMidgrade GasE85Diesel
Speedway900 Brook Forest Ave$3.22$4.32$3.82-$3.35
Speedway800 Brook Forest Ave$3.22-$4.08--
BP312 E JEFFERSON ST$3.59$4.59$4.09-$3.69
Mobil4303 W Jefferson St$3.49$4.59$4.09-$3.59
Gas N Wash1201 W Jefferson St$3.45$4.54$4.05$2.95$3.45
Shell201 Brook Forest Ave$3.22$4.32$3.92--