Chicago area gas prices already rising, as oil producers announce supply cuts
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.
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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.
A man is facing criminal charges for hopping a fence at Midway International Airport, a private developer has purchased the Thompson Center, help is on the way to address soaring gas prices, and former Vice President Mike Pence has rolled out a Republican policy platform.
Organizers for Lollapalooza are helping fund the next generation of headliners.
Edgar Quero hit a two-run homer in the 10th inning and the Chicago White Sox beat the Chicago Cubs 9-8 on Sunday in the rubber game of their first crosstown series this season.
A fire at the vacant old Balmoral Park racetrack in Crete, Illinois, sent smoke billowing over several south Chicago suburbs Sunday morning.
After more than 80 years, there will be no Ann Sather restaurant location in the 900 block of West Belmont Avenue in Chicago's Lakeview community, effective in June.
Two people were rushed to the hospital from the scene of a fire in Chicago's South Shore neighborhood early Sunday morning.
In a move aimed at curbing the growing problem of "teen takeovers," D.C. U.S. Attorney Jeanine Pirro is threatening to bring charges against parents if their teens violate the local curfew.
State Rep. Josh Turek and State Sen. Zach Wahls squared off Thursday over which candidate can flip Iowa's open Republican-held Senate seat, as millions in outside spending reshapes the primary's final stretch.
Sens. Tammy Duckworth of Illinois and Tammy Baldwin of Wisconsin say their concern is there may be more emergency exit doors than flight attendants in the event of an evacuation.
Ald. Jim Gardiner (45th) is suing the city of Chicago, its inspector general's office, and the Board of Ethics, accusing them of defamation.
The Supreme Court has maintained mail access to the abortion pill mifepristone, setting aside for now a lower court order that blocked abortion providers from prescribing the widely used drug through telehealth and shipping it to patients.
Chatham residents say they're losing a vital resource as Walgreen's prepares to close its store near 86th and Cottage Grove.
According to AAA, the average price of a gallon of regular gas in Chicago was $5.17 on Friday, up from $3.75 a year ago.
Peoples Gas and North Shore Gas Company customers are likely to see minor credits on their bills for the next three years, thanks to a $125 million settlement agreement announced Thursday by Illinois Attorney General Kwame Raoul.
Chicago gas prices are spiking as the war with Iran drags on, with regular gas nearing $6 in some spots and premium already selling for more than $7 in some places.
In the legal venue of anti-trust enforcement, the state is not taking on the Trump administration, but rather filling a void that state officials say the Trump administration has vacated.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Engineers at Northwestern University have created a wireless polygraph to detect stress.
Chicago Mayor Brandon Johnson on Wednesday announced an expansion to the city's CARE Program, a specialized team that responds to mental health crises without police.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
After more than 80 years, there will be no Ann Sather restaurant location in the 900 block of West Belmont Avenue in Chicago's Lakeview community, effective in June.
Flight attendants at Chicago-based United Airlines have approved a new labor contract, marking their first pay increases in six years.
The Chicago Fire FC announced Wednesday morning that its new stadium in the South Loop will be named McDonald's Park.
U.S. prosecutors allege a man with multiple aliases used the name of the famed Astor family to scam a Mexican billionaire out of $450 million.
Thousands of people marched from the West Loop to Daley Plaza in downtown Chicago on Friday for May Day, with activists calling for workers' rights, stronger labor protections, and increased school funding.
The Chicago-born house music track, which began as a personal poem in 1982 and became a defining anthem of the city's house music scene, has been selected for permanent preservation by the Library of Congress.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Some youngsters got a behind-the-scenes look at the magic of making opera Sunday at the Lyric Opera of Chicago.
Matt DeCaro, an actor who was a familiar face on the Chicago stage for many years, died this weekend.
Meteorologist Kylee Miller has your 5:30 p.m. First Alert Weather forecast for Sunday, May 17, 2026.
Organizers and local leaders say the event was meant to highlight the contributions of Asian Americans and Pacific Islanders in Chicago.
Meanwhile, a drone attack on a nuclear facility in the United Arab Emirates has America’s Gulf allies on edge. Olivia Rinaldi reports.
Two Navy jets collided in midair, then plummeted to the ground at the air show southwest of Boise.
The Volo Museum in Illinois got a lot of attention for a speeding ticket from New York City for “K.I.T.T.” from “Knight Rider.” Now, the talking car, or at least the actor behind it, is proclaiming its innocence.
A woman appeared in court Sunday on charges that she stabbed her 2-month-old daughter to death in a home on Chicago's Southwest Side.
One person was killed and five others were injured in a multi-vehicle crash on the Eisenhower Expressway in Chicago's western suburbs early Sunday.
A fire at the vacant old Balmoral Park racetrack in Crete, Illinois, sent smoke billowing over several south Chicago suburbs Sunday morning.
Organizers for Lollapalooza are helping fund the next generation of headliners.
After more than 80 years, there will be no Ann Sather restaurant location in the 900 block of West Belmont Avenue in Chicago's Lakeview community, effective in June.
Pothole complaints continue everywhere, but especially on one street in the Pullman neighborhood on the South Side of Chicago.
People in Lincoln Park and Lakeview have rallied against a plan to build a new industrial ComEd electrical substation in their neighborhoods, pushing local and state leaders to get involved.
Monday marks one year since Illinois enacted Karina's Law — legislation aimed at taking firearms out of the hands of people accused of domestic abuse.
Tenants at a South Shore apartment building said they've noticed their rent fluctuating by hundreds of dollars a month due to a change in how their utility billing system is set up.
A man from the Chicago suburbs lost $69,000 of his savings to a scam by a thief using an AI-generated U.S. Marshals badge to intimidate him.
Edgar Quero hit a two-run homer in the 10th inning and the Chicago White Sox beat the Chicago Cubs 9-8 on Sunday in the rubber game of their first crosstown series this season.
Murakami added his 17th homer in the fifth, a two-run shot to center off Jameson Taillon that traveled an estimated 428 feet.
Chris Brady had six saves for Chicago and has six shutouts this season.
Carson Kelly hit a tiebreaking single in the seventh inning and drove in four runs as the Chicago Cubs stopped a five-game White Sox winning streak with a 10-5 victory over their crosstown rival.
Randal Grichuk hit a two-run homer and drove in four runs, leading the Chicago White Sox to a 6-2 victory over the Kansas City Royals.
A court hearing was held Sunday for a woman charged with stabbing her 2-month-old daughter to death in a home on Chicago's Southwest Side.
A motorcyclist was found with a gunshot wound on the Eisenhower Expressway on Chicago's West Side Saturday night.
The ages of the victims range from 19 to 55, according to Chicago police.
A Davison Township police chief released body camera video showing how a senior "water wars" prank brought an officer within milliseconds of opening fire on a student.
A man was found shot to death Thursday morning in Chicago's West Garfield Park neighborhood.
