Plummeting Gas Prices Should Boost Holiday Travel
Travel is expected to be up this holiday season, and one big reason is plummeting gas prices.
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Travel is expected to be up this holiday season, and one big reason is plummeting gas prices.
The price of a gallon of gas in the Chicago area dropped nearly 25 cents in November to an average of $3.52, the lowest since January, though 4 cents higher than a year ago, the AAA reports.
This year will go down as another record-setting year for high gas prices in the Chicago area.
Most Americans who traveled during this Thanksgiving holiday came face to face with an American reality: while there is much to be thankful for, our infrastructure is not one of those things.
Drivers are seeing relief at the gasoline pump, with prices falling 15.5 cents a gallon in the past week.
The two presidential candidates were asked a question by CBS Local about Obamacare vs. Romneycare and asked them to talk about the similarities or differences between the two plans.
Today on the CBS Local forum, Romney and Obama were asked: What will you do to make the U.S. more energy independent?
Gas prices have been falling, but not quick enough or far enough for a lot of people to feel it – especially those who drive to work every day. One local company actually picked up and moved from the suburbs to the city, to help its workers burn less gas.
Americans continually hear that the president of the United States can do nothing about gas prices. John Hofmeister says that isn't true. The doubled gas prices could have been avoided but no one in a political position who can do anything about the prices wants to do anything.
Five months before the presidential election, this rating is disastrous for Obama – almost as disastrous as the lack of any results for America these past four years.
The average price for regular unleaded in Chicago is $4.45 a gallon, 60 cents more than the national average of $3.85, according to AAA. But CBS 2's Mike Parker found gas selling for $2.65 a gallon. It's not your typical gas, it's compressed natural gas, and it could save you a bundle.
Five months before the presidential election, this rating is disastrous for Obama – almost as disastrous as the lack of any results for America these past four years.
The average retail gasoline prices in Chicago have fallen 3.5 cents per gallon in the past week, averaging $4.27 a gallon.
Pain at the pump continues in Illinois, as the Great Lake states wrestle with the some of the highest gas prices in the country.
Chicago drivers should expect to see some sticker shock at the gas pump very soon, as prices are expected to jump by as much as 35 cents.
Chicago area gas prices have shot back above $4 per gallon -- just barely.
The good news keeps coming when it comes to gas prices.
Five months before the presidential election, this rating is disastrous for Obama – almost as disastrous as the lack of any results for America these past four years.
It may just be pennies, but the last several weeks have seen some reductions in gas prices in Illinois.
Warmer weather is coming, people are making summer vacation plans, and – guess what? – gas prices are dropping like crazy.
It couldn't happen at a better time -- just as everyone is hitting the road for the holiday. CBS 2's Roseanne Tellez reports.
The summer travel season kicks off this holiday weekend.
Your summer vacation could cost a lot more this year.
Although the cost of gasoline at the pump has certainly gone up over the last 12 months, the cost of owning a car has increased only slightly.
Don't buy gasoline in my town. That's the message from the mayor of New Lenox.
