Gas Price Increase July 2025. Beginning july 1, illinois residents will see a small increase in gas prices as the state implements a new motor fuel tax rate of 47 cents per gallon—a 3.5%. Adjusted to keep up with changes to indices like the consumer price.
In 2025, we expect slightly reduced gasoline consumption to further decrease prices. In its natural gas price forecast for 2025, anz research predicted japan’s lng spot price to rise to $14.1/mmbtu, up from $11.4 in 2023.