Get This. Chicago Gas Prices Actually Dropping?
Believe it or don’t.
According to a report from CBS 2 News, while gasoline prices in the rest of the nation are rising, the price at the pump is falling locally.
While nationally gas has gone up nearly 13 cents a gallon, around Chicago average prices have dropped 9 cents from the month before according to Chicago Gas Prices.com.
Normally, Chicago gas prices are among the highest in the country and are usually significantly higher than the national average. But right now, there’s only a 14 cent difference in the two prices when normally it ranges from a 30 – 70 cent per gallon price differential.
But Chicago drivers should not get over confident. Fuel experts like Gas Buddy’s Patrick DeHaan believes Chicago will be boasting record prices by May.
“I wouldn’t be surprised to see record prices,” says DeHaan. “We’ll see prices well into the $4 range. The biggest increases we’ll see in April and May.”
Adding insult to injury, DeHaan believes Chicago may be one of the most expensive cities in the nation to buy fuel by Memorial Day.
“I do believe Chicago will be very close to the top as far as average gas prices come May,” says DeHaan.
In related news, American motorists have seen significant price increases the past three years. CNS News reports the price of gasoline has risen from $1.79 per gallon when President Barack Obama was sworn in, in January of 2009 to an average $3.28 per gallon now–a 83% increase.
Here’s CBS 2′s full report, “Chicago Bucks National Trend, Sees Dip In Gas Prices.”