CHICAGO (CBS) — This week’s spike in crude oil prices is catching up to Chicago area drivers, with prices at the pump suddenly soaring about 20 cents a gallon to an average of $3.74.
As WBBM Newsradio’s Regine Schlesinger reports, at one Lincolnwood gas station overnight, the price for a gallon of regular unleaded jumped from $3.52 to $3.75.READ MORE: Chicago Mass Vaccination Sites To Begin Offering Pfizer Vaccine For Youths Age 12 To 15 On Thursday
ChicagoGasPrices.com says the cost of gasoline in the Chicago area as of midmorning Thursday ranged from $3.34 at the Sam’s Club at 7430 Woodward Ave. in Woodridge, to $4.11 at the Mobil station at 1106 W. Fullerton Ave. near DePaul University.
But if you think that’s high, just imagine the sticker shock at a station in Orlando, Fla., which is charging $5.89 a gallon. One man drove in, and drove right back out again.READ MORE: SWAT Team Responds To Building In South Loop For Call Of Men With Guns Inside
“I just went to pump it, and I saw the price, and I’m not going to get it here,” he said.
The price of a barrel of crude oil now hovers around $106, but experts warn that figure could rise quickly and sharply if tensions with Iran escalate.MORE NEWS: AAA Estimates 1.7 Million Illinoisans Will Hit The Road For Memorial Day Weekend -- How Do They Come Up With Their Predictions?
LISTEN: WBBM Newsradio’s Regine Schlesinger reports