Repairs at BP’s Whiting, Ind., refinery sent gas prices plunging last week across Chicago and nationwide, the biggest single-week drop this year.
Patrick DeHaan, senior petroleum analyst at GasBuddy.com, said Chicago area drivers can expect to see prices fall by up to 50 cents in the next couple weeks, after BP confirmed it has reopened the crude distillation unit that went offline on Aug. 8.
If you have a late summer road trip planned, there’s good news—the average gas price in the Chicago area has dropped 15 cents since Thursday, and prices are expected to keep going down.
Patrick DeHaan, senior petroleum analyst at GasBuddy.com, called the recent spike in prices at the pump one of the worst he’s ever seen.
Though gas prices have been plummeting nationally, drivers in the Chicago area suddenly have seen a major bump at the pump.
Gas prices normally spike during the summer driving season, but this year they have been plummeting.
Gas prices in the Chicago area are heading lower and this trend may continue.
By Andy Giersher (CBS) — Gas prices in the Chicago area are on the rise, up 7 percent in the past week, as local refineries deal with production issues. “Several Illinois refineries have experienced kinks […]
Regular unleaded is $3.04 a gallon in Chicagoland. The national average is $2.73, according to AAA Motor Club.
For the first time this year, the average price of gas in the Chicago area has climbed to more than $3 per gallon.
The rising cost of crude oil is causing gas prices to go up nationwide, and Chicago could soon see it hit over $3 a gallon.
If you’ve filled your tank in the past couple days, you’ve probably noticed a sudden spike in gas prices.
If you’ve filled up your tank in the past few days, you’ve probably noticed prices at the pump have started rising again.
CBS 2’s Jim Williams reports months ago governments they didn’t anticipate today’s plunging oil prices, so now they have extra money. But one analyst warns: don’t be so quick to spend it on other things.
That gas station on the corner that’s been selling gas under $2 is suddenly up by 10-15 cents today.
You’ve probably noticed by now that gas has fallen to its lowest price in almost a decade. Drivers are now asking themselves how long will it last?
Phil Flynn, senior energy analyst at The PRICE Futures Group said it’s the result of a price war being waged between OPEC – especially Saudi Arabia – against American energy producers.
If you’re feeling a little giddy when it’s time to refuel, you’re not alone, reports WBBM’s John Cody.
Falling gas prices are great news for motorists and maybe not so good for U.S. companies down the road.
Motorists will continue to enjoy the lower prices at the gas pump.