Soaring Gas Prices Raise Questions About Price Gouging
Patrick DeHaan, senior petroleum analyst at GasBuddy.com, called the recent spike in prices at the pump one of the worst he's ever seen.
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Patrick DeHaan, senior petroleum analyst at GasBuddy.com, called the recent spike in prices at the pump one of the worst he's ever seen.
Though gas prices have been plummeting nationally, drivers in the Chicago area suddenly have seen a major bump at the pump.
Gas prices normally spike during the summer driving season, but this year they have been plummeting.
Gas prices in the Chicago area are heading lower and this trend may continue.
Regular unleaded is $3.04 a gallon in Chicagoland. The national average is $2.73, according to AAA Motor Club.
For the first time this year, the average price of gas in the Chicago area has climbed to more than $3 per gallon.
The rising cost of crude oil is causing gas prices to go up nationwide, and Chicago could soon see it hit over $3 a gallon.
If you've filled your tank in the past couple days, you've probably noticed a sudden spike in gas prices.
If you've filled up your tank in the past few days, you've probably noticed prices at the pump have started rising again.
CBS 2's Jim Williams reports months ago governments they didn't anticipate today's plunging oil prices, so now they have extra money. But one analyst warns: don't be so quick to spend it on other things.
That gas station on the corner that's been selling gas under $2 is suddenly up by 10-15 cents today.
You've probably noticed by now that gas has fallen to its lowest price in almost a decade. Drivers are now asking themselves how long will it last?
Phil Flynn, senior energy analyst at The PRICE Futures Group said it's the result of a price war being waged between OPEC – especially Saudi Arabia – against American energy producers.
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.
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A Chicago teen said she was punched in the face and robbed of her phone charger while heading to a CTA Red Line stop downtown earlier this week.
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Sam Antonacci hit a two-run home run, Braden Montgomery matched his career-high with four RBIs, and the Chicago White Sox extended their winning streak to four with a 12-4 win over the Toronto Blue Jays.
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Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
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Chicago Soul Café opened Monday at 6248 S. St. Lawrence Ave.
The Chicago Bears this weekend said they are assessing land at Wolf Lake Terminals in Hammond, Indiana, for a possible new stadium.
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One way to get to know any culture is to try its food. Like it or not, fast food is undeniably American, and Chicago helped revolutionize the industry.
A Chicago teen said she was punched in the face and robbed of her phone charger while heading to a CTA Red Line stop downtown earlier this week.
A Chicago man who got sick from cyclosporiasis amid a nationwide outbreak said it's been a terribly unpleasant experience, and as uncomfortable as it might be to talk about the topic, he wants his story and experience to help others.
An Indiana State Police trooper who was shot in the line of duty one week ago has been released from the hospital.
A Chicago man who got sick from cyclosporiasis amid a nationwide outbreak said it's been a terribly unpleasant experience, and as uncomfortable as it might be to talk about the topic, he wants his story and experience to help others.
A Chicago teen said she was punched in the face and robbed of her phone charger while heading to a CTA Red Line stop downtown earlier this week.
One way to get to know any culture is to try its food. Like it or not, fast food is undeniably American, and Chicago helped revolutionize the industry.
An Indiana State Police trooper who was shot in the line of duty one week ago has been released from the hospital.
Christopher Nolan's "The Odyssey" is the first film shot entirely on 70mm IMAX cameras, and Cinemark Seven Bridges in Woodridge is 1 of roughly 30 theaters nationwide equipped to show it that way.
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Ryan Jeffers hit a go-ahead three-run homer, Bailey Ober struck out seven in 5 1/3 innings and the surging Minnesota Twins beat the Chicago Cubs 5-2 on Friday night.
Sam Antonacci hit a two-run home run, Braden Montgomery matched his career-high with four RBIs, and the Chicago White Sox extended their winning streak to four with a 12-4 win over the Toronto Blue Jays.
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