Federal railroad officials got an earful Wednesday from the mayors of several Chicago area towns that have been affected by a growing number of increasingly long trains hauling crude oil and other volatile materials.
Crude oil prices are down, and that should be good news for drivers. But the problem is, many drivers aren’t seeing prices at the gas pump fall that much.
The chaos in Libya has caused oil prices to skyrocket. The average price of gas in Chicago on Wednesday was $3.39 a gallon. In Illinois, the average was $3.30.
The instability in Libya is roiling the energy market this morning.
For the second time in the past four months, south suburban Romeoville has been hit by a crude oil spill.