Category Archives: Chicago gas prices
With spring finally in the air, gasoline prices in Chicago have been slowly creeping up as area refineries begin the process of switching over to summer gas blends.
As drivers are seeing at gas stations throughout the area, fuel prices have risen dramatically over the past month.
According to ChicagoGasPrices.com, the average cost per gallon of regular unleaded gasoline is about 30 cents higher than 30-days ago.
AAA Chicago says asprice averages began 2014 off relatively low due to less driving and decreased demand. But with area oil refineries kicking off their seasonal maintenance to prepare for producing the federally mandated summer blend gasoline, prices have jumped higher.
Seriously. Gerdes holds the Guinness record for being the most fuel efficient driver on the planet according to a recent writeup in the Chicago Tribune.
Gerdes runs the website CleanMPG, a website that teaches his techniques in “hypermiling” a term Gerdes coined and means beating the EPA in whatever vehicle you drive.
Here’s how the Tribune explains it:
Local motorists are in for a treat this Independence Day when they fill up their gas tank to head out of town.
“Gas prices have dropped pretty substantially over the last few weeks — as much as 40 to 50 cents a gallon in some areas,” said AAA spokesperson Beth Mosher. “The refinery issues that pushed prices higher this spring have been resolved. That’s what [is] causing these prices to drop.”
Production issues at area oil refineries combined with the switchover to the more expensive but more eco-friendly summer gas blend pushed Chicago’s gas prices to the highest in the nation this spring. But prices have moderated since then.
In the city, the average price of a gallon of regular unleaded is $4.14, according to the Fuel Gauge Report. ChicagoGasPrices.com shows an average price of $3.95 per gallon for the greater Chicago area.
Read more at DNA Info Chicago.
It serves as a decent overview to that very frustrating question, which is essentially high gas taxes and the EPA mandate forcing area gas stations to sell the more expensive and allegedly lower polluting “summer blend” of gasoline.
Puente goes even more in-depth with his written report, “Why does Chicago still have such high gas prices?“
A recent spike in fuel prices has Chicago drivers paying the highest gasoline prices in the U.S.
Both AAA Motor Club’s Fuel Gauge Report and GasBuddy.com, have given Chicago the dubious distinction of having the nation’s highest gas prices.
“Yes, Chicago is the top dog, number one, top of the heap for gas prices no matter if we like it or not,” said GasBuddy spokesperson Patrick DeHaan, who is based in the Windy City. “The highly coveted, most ridiculously high gas prices of the nation goes to…Chicago!”ChicagoGasPrices.com has Chicagoland pump prices pegged at an average $4.26 for a gallon of regular unleaded gasoline while AAA’s Fuel Gauge Report lists the average price within the city limits at a painful $4.36 per gallon. These prices are between $0.75 to $0.85 more per gallon than the national average.
AAA’s Beth Mosher said the Illinois also has bragging rights on the higest state average for gas in the U.S. at $3.95 per gallon.
Read more at DNA Info Chicago.
After enjoying four months of declining fuel prices and some of the lowest prices in the last few years, local gas prices have risen over 10% according to two websites which track area gas prices.
According to AAA’s Fuel Gauge Report, the average cost for a gallon of regular unleaded gasoline in the city has increased from $3.59 to $3.96 a gallon, a 37 cent bump. The price rose 25 cents just in the last week.
ChicagoGasPrices.com, which tracks pricing for the Chicago metro area, has seen the cost of fuel rise 42 cents a gallon or a 12% increase the past 30 days. Local gas has gone from $3.44 to $3.86 a gallon in the past month and has risen 20 cents in the past week.
After a year of abnormally high and even record breaking gas prices, Chicago drivers have seen a reprieve the past four months.
Since the beginning of September, local gas prices on average, have fallen around 90 cents a gallon for regular unleaded gasoline.
According to AAA’s Fuel Gauge Report, prices have plummeted from $4.48 per gallon to $3.57 per gallon, while ChicagoGasPrices.com has gas declining from $4.37 per gallon in early September to $3.46 a gallon Monday.
In December, fuel prices have dropped around 20 cents a gallon according to both AAA and ChicagoGasPrices.com, making area gas prices around 17 cents lower a gallon than prices a year ago. Nationally, fuel prices are an average 30 cents per gallon lower than this time last year.
“The reason for the downward trend that started a few months ago is a combination of decreased demand, increased supplies and the switchover to less expensive winter-blend fuels.” said AAA Chicago spokesperson Nick Jarmusz. “It was aided last month by the economic uncertainty resulting from the ‘fiscal cliff’ debate in Washington.”
Read More At DNA Info Chicago
AAA conducted a recent study which the pro-automobile organization says shows the potential for voided warranties and engine damage from consumer confusion over the E15 ethanol gasoline blend, recently approved in June by the Environmental Protection Agency (EPA). While 95% of all gas sold in the U.S. contains some percentage of ethanol, it never made up more than 10% of the fuel blend. Corn is the main ingredient in formulating ethanol.
The survey shows 95% of consumers have never heard of E15, a fuel that contains 15% ethanol and 85% gasoline and AAA reports only 5% or roughly 12 million of the 240 million vehicles on the American roads, can burn E15 without damaging their engines.
While AAA strongly supports the development of alternative fuels, it’s auto engineering experts believe using E15 in the wrong car could speed up engine wear and failure, cause fuel system damage and make “check engine” light indicators to trigger in error.
Based on this data, AAA is urging regulators and the ethanol fuel industry to stop selling E15 until consumers are better protected and more aware of the fuel.
“It is clear that millions of Americans are unfamiliar with E15, which means there is a strong possibility that many motorists may improperly fill up using this gasoline and damage their vehicle,” said Kevin Bakewell, AAA Chief Public Affairs Officer, The Auto Club Group. “Bringing E15 to the market without adequate safeguards does not responsibly meet the needs of consumers.”
Over the past month, the average price for a gallon of regular unleaded gasoline has fallen about 25 cents a gallon according to two websites which track fuel prices.
AAA’s Fuel Gauge Report shows prices for the greater Chicagoland area are averaging around $3.52 per gallon, $.24 cents a gallon less than last month. ChicagoGasPrices.com pegs the average price per gallon at $3.55 per gallon, a full quarter cheaper than a month ago.
“Most motorists managed to save a little money on gasoline just in time for holiday shopping,” said Beth Mosher, AAA Chicago spokesperson. “Prices unfortunately did not fall as quickly as most of us would have liked as a result of factors ranging from fighting in the Middle East to optimism over the ‘fiscal cliff.’”
After prolonged higher than normal prices, gasoline prices are finally returning to “normal” in the Chicagoland area, dropping dramatically in the last month.
According to AAA’s Fuel Gauge Report the average price of unleaded gasoline has dropped nearly 40 cents in the past 30 days, declining from $4.22 a month ago per gallon to $3.82 per gallon.
Statewide, the price of gas in Illinois has dropped 32 cents per gallon–the largest month-over-month decline since October 2008.
“Gas prices at the end of October were dropping at the fastest speeds in nearly four years,” said AAA’s Beth Mosher, “If this trend continues, motorists could be paying less than last year to fill up their cars.”