Gas prices on the rise in Chicago area
Rising gas prices are about to climb even higher, due to a surprise move by oil-producing countries in the middle east.
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Rising gas prices are about to climb even higher, due to a surprise move by oil-producing countries in the middle east.
Drivers can expect to pay even more after Saudi Arabia and its allies announced they will be cutting oil production by more than a million barrels a day.
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
The average gas price in the Chicago area as of Wednesday was $4.60 a gallon. That is up from $4.48 on Tuesday, and $4.35 last week.
The average gas price in the Chicago area as of Wednesday was $4.60 a gallon. That is up from $4.48 on Tuesday, and $4.35 last week. CBS 2 Political Investigator Dana Kozlov reports.
Gas prices increased to $3.68 nationally.
Friday is expected to be the busiest travel time for the holiday weekend.
GasBuddy analyst Patrick De Haan said "it could be a bit of a bumpy ride" for drivers heading into the end of summer and the start of the new school year.
Here's some good news for drivers who have been feeling pain at the pump lately.
Recession – it’s a word we hear a lot lately. CBS 2's Chris Tye reports on some concerns, and some cautious optimism on one front.
In the suburbs, the average price is $5.34 a gallon, down 54 cents since June.
Unfortunately, you will not find any Sheetz gas stations in the Chicago area.
The idea, which would require the support of Congress, is already being met with skepticism.
"It's unfortunate that they had to do it that way, because not only were we out the gas, but we were out the repair and the timeframe to get the truck back."
Experts say gas prices could lead to demand destruction when drivers change their habits to save money.
We found premium gas in Chicago going for $7.29 a gallon on Thursday. That is a figure higher than the federal hourly minimum wage in a dozen states. CBS 2's Marissa Perlman reports.
GasBuddy said demand usually starts to fall in August, which could help the cost of gas to drop.
According to AAA, the average price of a gallon of regular unleaded gasoline is $5.12 as of Tuesday morning.
For the third time, businessman and mayoral candidate Willie Wilson is giving drivers the chance to get free gas at more than a dozen locations.
Wilson, who has announced he is running for mayor for a third time, plans to give away $1 million in free gas on Saturday, but has yet to say where.
"At its core, we're taking resources and putting them towards working class people, and to that extent, I find it hard to be against that," Ald. Michael Rodriguez (22nd) said.
Most of the lower prices are in the Midwest -- except Illinois
Washington is also taking action on high gas prices. On Thursday it was announced one million barrels of the country's oil reserve will be released.
The president criticized oil companies for failing to produce what the country needs, while sitting on "record profits."
Many are pointing out the fact that both Mayor Lightfoot and Willie Wilson may be eyeing the same job.
Hundreds of new jobs are coming to Gary, Indiana. U.S. Steel said it's planning to restart the Gary Tin Mill at the company's facility.
The Northern Indiana Public Service Company (NIPSCO) and the United Steelworkers union have reached a tentative agreement, two weeks after the utility locked out 1,600 workers amid a contract dispute.
A group of community leaders, city officials, and teenagers had a conversation on Thursday about how to keep teen takeovers safe and prevent them from getting out of hand.
Junior Caminero homered and the Tampa Rays scored twice on bases-loaded walks in the ninth inning, rallying for a 5-3 win over the Chicago White Sox.
A tree planting initiative has kicked off in Chatham, among the Chicago neighborhoods most plagued by flooding, to help with the persistent problem.
Chicago residents, businesses, and city employees altogether owe the city more than $8.1 billion in overdue debt, some of it dating back to the 1990s, according to a report from the city's inspector general.
But underground construction work on a presidential bunker underneath the ballroom can continue, the judge said.
The City of Chicago on Thursday kicked off bus tours as part of its new reparations initiative.
Former Virginia Lt. Gov. Justin Fairfax shot and killed his wife and then turned the gun on himself what police described as a murder-suicide in their home in Annandale, Virginia, police said Thursday.
A coalition of banks, credit unions, and card companies argue that Illinois lawmakers must repeal the state's first-in-the-nation Interchange Fee Prohibition Act, slated to take effect July 1.
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
Skyrocketing property taxes continue to be a hot-button issue in Cook County — particularly since last fall, when many residents saw their tax bills increase by 100% or more.
Illinois Secretary of State Alexi Giannoulias this weekend issued a warning about a surge in text messages that falsely claim to come from his office or the DMV within it.
Tenants at a South Loop luxury high-rise that has been plagued with problems like broken elevators are vowing to fight five-day eviction notices.
It's become an annual March Madness tradition at CBS Chicago, pitting our city's best eateries in direct competition in a foodie bracket challenge. We did pizza, we've done Italian beef, we've done Chicago dogs. This year, we're taking flight with wings.
It has been several weeks since West Suburban Medical Center in Oak Park, Illinois, abruptly shut down — and then on Wednesday, it just as swiftly partially reopened, with some services available.
The Centers for Disease Control and Prevention says more than 80% of deaths related to pregnancy are preventable, and Black women are three times more likely to die from pregnancy-related causes than white women.
The United States has long struggled with understanding and finding ways to help treat mental illness. A new documentary, which is screening Saturday in Chicago, examines the reality of living with mental illness in America.
Allergy season is here, and the dreaded pollen can trigger sneezing, congestion, wheezing, and shortness of breath.
Northwestern Medicine and the American Red Cross teamed up for a community blood drive in Chicago on Monday morning.
A new restaurant has joined the busy stretch of Halsted Street toward the south end of Chicago's Lincoln Park neighborhood that is also home to Alinea and Boka.
The federal government is suing Illinois, Connecticut and Arizona over efforts to regulate prediction market operators such as Kalshi and Polymarket.
The owners of the popular Uncommon Ground restaurant, live music venue, and brewery in Chicago's Wrigleyville community announced this week that they're looking for a successor to take over the business.
Chicago consistently ranks in the top three cities in Fortune 500 company headquarters, and now a competition has been launched to build on Chicago's power in business.
The flagship Ann Sather restaurant on Belmont Avenue in Chicago's Lakeview community will be moving later this year, a restaurant representative said Tuesday.
Blues icon and world music pioneer Taj Mahal will be headlining the Chicago Blues Festival this June.
The United States has long struggled with understanding and finding ways to help treat mental illness. A new documentary, which is screening Saturday in Chicago, examines the reality of living with mental illness in America.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
Mozart's "Don Giovanni," the local premiere of the 2022 opera "Omar," and a fresh production of "Guys and Dolls" are among the highlights of the 2026-2027 season for Chicago's Lyric Opera.
Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
The Blackhawks bid their farewells on Thursday after wrapping up another last-place season with a 5-2 win over San Jose on Wednesday. With a pair of assists, Connor Bedard finished the year with a career-high 75 points. With his rookie contract expiring, Bedard's agent and the team are trying to hammer out a big-money extension. The former No. 1 overall draft pick isn't sweating his new contract.
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
Hundreds of new jobs are coming to Gary, Indiana. U.S. Steel said it's planning to restart the Gary Tin Mill at the company's facility by early next year.
A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn’t start flowing soon.
The Northern Indiana Public Service Company (NIPSCO) and the United Steelworkers union have reached a tentative agreement, two weeks after the utility locked out 1,600 workers amid a contract dispute.
A South Side community is mourning the death of a 16-year-old boy killed in a shooting just steps from his school.
A shooting by Illinois State Police that killed a 24-year-old man was caught on surveillance video in Woodlawn.
The Des Plaines River has seen near-record flooding in northwest suburban Des Plaines, and officials fear levels could reach major flood stage this weekend with more rain in the forecast.
The FAA is ordering flight reductions at Chicago O'Hare of more than 300 trips per day over the busy summer travel season.
Hundreds of new jobs are coming to Gary, Indiana. U.S. Steel said it's planning to restart the Gary Tin Mill at the company's facility.
A tree planting initiative has kicked off in Chatham, among the Chicago neighborhoods most plagued by flooding, to help with the persistent problem.
Chicago residents, businesses, and city employees altogether owe the city more than $8.1 billion in overdue debt, some of it dating back to the 1990s, according to a report from the city's inspector general.
Some parents in southwest suburban Oswego are fired up, saying the school district invited all non-white students to participate in summer remedial programming, regardless of how they're doing in school.
New proposed Illinois legislation would allow renters or people who can't install massive rooftop panels to also harness the power of the sun.
When a rusty light pole snapped and fell on a woman's car in Bucktown, causing thousands of dollars in damage, she thought the city would pay for it. She was wrong.
Junior Caminero homered and the Tampa Rays scored twice on bases-loaded walks in the ninth inning, rallying for a 5-3 win over the Chicago White Sox.
The Blackhawks won four of their last 15 games and three of their last 11 home games, but finished with 72 points, 11 more than last season.
Nico Hoerner drove in a career-high five runs, Shota Imanaga struck out 11 in six strong innings and the Chicago Cubs routed the Philadelphia Phillies 11-2 on Wednesday night.
Chicago White Sox pitching prospect Noah Schultz had an uneven major league debut in a start against the Tampa Bay Rays on Tuesday night after being recalled from Triple-A Charlotte.
Ben Williamson doubled twice and drove in three runs as Tampa Bay spoiled the major league debut of White Sox starter Nick Schultz.
A well-known café and newsstand in Chicago's Portage Park neighborhood was damaged early Thursday morning when a stolen car that police were pursuing crashed into it.
Gregory Morgan Jr. of Temple Hills, Maryland, was charged Thursday morning with two counts of second-degree assault in the Feb. 5 incident.
Members of the Cook County State's Attorney's office visited CTA train stations across Chicago on Thursday.
Former Virginia Lt. Gov. Justin Fairfax shot and killed his wife and then turned the gun on himself what police described as a murder-suicide in their home in Annandale, Virginia, police said Thursday.
Chicago police on Wednesday issued an expanded community alert about a rash of incidents in which thieves broke into vehicles and stole construction equipment in and around downtown Chicago.
