Chicago Area Motorists Pleased By Falling Gas Prices
Gas prices have been coming down recently and motorists are liking what they see.
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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.
Patrick DeHaan, senior petroleum analyst for GasBuddy.com said lingering effects of the harsh winter were to blame for the recent spike in gas prices.
Pain at the pump? CBS 2's Derrick Blakley tells us what's behind the latest spike.
Gasoline prices in Chicago are at their highest levels in six months.
Average retail gasoline prices in Chicago have risen 4.8 cents per gallon in the past week, averaging $3.46 on Sunday.
A day after CBS 2's Ed Curran reported on plummeting gasoline prices, they've spiked in a matter of hours. On a day with no new war, no natural disaster, what's going on?
There were some initial fears the Citgo refinery in Lemont could be shut down completely for six months or more, after a large fire last Wednesday night.
A fire overnight at an oil refinery in southwest suburban Lemont could affect prices at the pump in Chicago.
The mayor of southwest suburban New Lenox has had enough with high gas prices in his town, and he wants to do something about it.
About 2 million people are expected to hit the road for the Labor Day weekend, and in the Chicago area, they'll be getting a big break on gas prices compared to last year, even though prices made their predictable holiday spike this week.
Experts say the upcoming holiday could be the busiest Labor Day weekend for travel since the start of the recession in 2008.
If you're planning to drive somewhere for the Fourth of July holiday, the trip will cost you less.
Gas prices nationwide have been holding steady over the last week, at around $3.64 a gallon, but in the Chicago area, prices just keep going up.
With a gallon of regular unleaded now going for an average of $4.70 per gallon, Chicago's gas prices are even higher than Hawaii's.
While the temperature may have you confused about what season it is, gas prices will tell you it's almost summer time, reports WBBM's Nancy Harty.
In the Chicago area, the AAA says gasoline prices average $4.20 a gallon.
Chicago area gasoline prices have been on a roller coaster the past few weeks. Right now, they're on the upswing, but analysts don't expect the increase to last long.
Higher pump prices are partly because of havoc caused by weather-related power outages. Three refineries went down, and two pipelines temporarily were halted.
For the first time this year, Chicago area drivers are seeing some relief at the pump, as gas prices have started going down.
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The executive order directs the Interior Department to update the Geographic Names Information System, changing the name of Lake Ontario to Lake America.
President Trump has accused oil companies like Chevron and ExxonMobil of "making too much money." He owns shares of both.
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Illinois Attorney General Kwame Raoul announced Wednesday he has joined a multistate lawsuit against the U.S. Postal Service challenging new rules that purport to give it authority to regulate mail-in voting in federal elections.
The group of 24 states and the District of Columbia argues the Postal Service's new rule violates the Constitution and federal law.
Cook County homeowners are again facing a sharper increase in property taxes this year than businesses, the Office of Cook County Treasurer Maria Pappas announced Monday.
Contracted linemen from out of state sat idle in a Griffith church parking lot for hours without work orders from NIPSCO, as residents in Northwest Indiana approach two weeks without power.
A law firm has filed a class action lawsuit against NIPSCO, alleging the utility's failure to manage trees and vegetation has left thousands of Northwest Indiana residents without power for up to two weeks.
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A new Illinois law signed by Gov. Pritzker offers up to $1,000 to eligible homeowners hit by storm damage, but the money won't be available until next year — and the program only covers certain areas of Chicago.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Loyola University Medical Center in Maywood, Illinois, used performed a complex operation to preserve mobility for a 3-year-old boy who had to have part of his leg amputated after suffering a horrific accident with a lawnmower.
Possible measles exposures have been reported at a high school in Maple Park, Illinois, and a pediatric clinic in South Elgin, Kane County health officials said.
Dozens of cases of E. coli and salmonella in multiple states are linked to an alfalfa grower in Minnesota, health officials say.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
A Wisconsin prosecutor says he will not file election bribery charges against billionaire Elon Musk even though the state's bipartisan elections commission said he likely broke state law.
An expert blames Illinois lawmakers and "internecine political problems" for the failure to seal a deal for a new stadium within the state for the Chicago Bears.
Real estate investment and development firm Concord Capital has acquired nine apartment buildings on Elaine Place, a single-block residential street in Chicago's East Lakeview community.
The Chicago Plan Commission voted Thursday to approve a plan to redevelop Ford City Mall into an industrial complex, despite objections from some neighbors.
A new Barnes & Noble bookstore opened in the heart of downtown Chicago on Wednesday, while separately, a building that used to house an old Barnes & Noble store in the Gold Coast was being demolished.
People around the world, including Chicago, continued to gather Wednesday to pay tribute to the late Dolly Parton.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Audience members at a stage performance of "9 to 5: The Musical" in the U.K. were heard gasping aloud at the news of Dolly Parton's death Tuesday.
Dolly Parton was a native and lifelong resident of Tennessee, but she made numerous visits and forged numerous ties to Chicago over the years.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
A federal judge ruled Thursday that the Chicago man convicted in Indonesia in what's known as the Bali "suitcase murder" will not be allowed to go free on bond while he awaits trial on U.S. charges.
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While Chicago Bears fans are focused on the present and the future, a museum in Elmhurst is inviting fans to look at the past.
For fans like 9-year-old Rosie Velazquez, this is their first time ever seeing the K-pop group they grew up with. Rosie isn't letting a broken arm stop her, and she hopes BTS will sign her cast.
Four planes have blown tires while landing at or leave Chicago O'Hare International Airport in the last month. CBS News Senior Transportation Correspondent Kris Van Cleave joined us to talk about the FAA's investigation, why plane tires can be vulnerable, and how the aviation industry addresses these kinds of safety issues.
Hank has a degenerative disease that impairs mobility, and says his building's elevator is broken and hasn't been fixed.
A partial lunar eclipse will be visible in the Chicago area Thursday night into Friday. Here's how to see it..
After dozens of dogs and cats were rescued from a hoarding situation in a home in Merrillville, Indiana, in the aftermath of severe storm damage, some of them are now available for adoption.
While Chicago Bears fans are focused on the present and the future, a museum in Elmhurst is inviting fans to look at the past.
In the heart of the Nepali community in Chicago, efforts to help are underway after a devastating landslide and flash flood swept through the Nepal-China border on Wednesday.
Police in west suburban Oak Brook used a new tool aimed at limiting high-speed chases to catch a fleeing van while responding to a burglary call overnight.
The program was launched by the utility company last year, with some saying it makes it easier to address problem poles.
She was counting down the days to the first day of 5th grade until her school district told her she didn't have a spot there. Now, a federal judge has ordered the district to put the 10-year-old girl with autism back in her neighborhood school.
Who you gonna call if someone locks you out of your own charity? That's the question members of a Ghostbusters-themed nonprofit say they're asking.
Residents of Ogleby Towers on Wednesday morning spoke out about the system that constantly changes their rent, which they say makes it hard to budget.
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Peters also went deep in the sixth, extending his career-high homer streak to four games.
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Chicago police early Thursday were investigating a crash-and-grab burglary at a gas station in the North Lawndale neighborhood.
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