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.
Drivers are doing double takes when they go to fill up.
Gas prices have been coming down recently and motorists are liking what they see.
The average price of a gallon of regular unleaded in Illinois was $3.46 on Friday, down about 10 cents compared to last month, according to the AAA. In the Chicago area, the average price is $3.61, and prices are even lower across the region.
You might be sad to see the warm days of summer drawing to a close, but, WBBM’s Regine Schlesinger reports the change of seasons brings good news for consumers.
Nationally, gas prices were at a six-year high for this time of year, hitting a U.S. average Tuesday of $3.67 a gallon for unleaded regular. That’s up 18 cents from a year ago. Average regular gasoline prices were even higher Tuesday in Illinois, at $3.83; in the Chicago area, at $3.98; and in Chicago, at $4.23.
With 41 million Americans expected to travel this year, highways and airports will be packed with travelers looking to take advantage of the 3-day weekend.
The insurgent violence in Iraq and threats to oil facilities there have pushed the price of crude oil to more than $107 per barrel. That has translated to higher gasoline prices, nowhere higher than Chicago.
Patrick DeHaan, senior petroleum analyst at GasBuddy.com, said even he was surprised at how much gas prices jumped on Thursday, just in the time between when he went to work and when he got home.
Patrick DeHaan, senior petroleum analyst for GasBuddy.com said lingering effects of the harsh winter were to blame for the recent spike in gas prices.
Pain at the pump? CBS 2’s Derrick Blakley tells us what’s behind the latest spike.
Gasoline prices in Chicago are at their highest levels in six months.
Average retail gasoline prices in Chicago have risen 4.8 cents per gallon in the past week, averaging $3.46 on Sunday.
A day after CBS 2’s Ed Curran reported on plummeting gasoline prices, they’ve spiked in a matter of hours. On a day with no new war, no natural disaster, what’s going on?
There were some initial fears the Citgo refinery in Lemont could be shut down completely for six months or more, after a large fire last Wednesday night.
A fire overnight at an oil refinery in southwest suburban Lemont could affect prices at the pump in Chicago.
The mayor of southwest suburban New Lenox has had enough with high gas prices in his town, and he wants to do something about it.
About 2 million people are expected to hit the road for the Labor Day weekend, and in the Chicago area, they’ll be getting a big break on gas prices compared to last year, even though prices made their predictable holiday spike this week.