March 7 at 12:43 p.m.
Filed under:
Energy
By CNN
Gas prices continued to rise Monday, driven higher for nearly two weeks straight by the turmoil in Libya, with analysts expecting prices to keep climbing.
In the Chicago area, gas prices have risen 11 percent, or 37 cents, in the last month to an average of $3.716, according to a daily survey by motorist group AAA. U.S. gas prices have increased for 13 days in a row, rising nearly 34 cents in that time, the second-biggest price jump in the history of the gasoline market, according to the Lundberg Survey. Get the full story »
Feb. 21 at 6:18 a.m.
Filed under:
Autos,
Energy
By CNN
U.s. gasoline prices have jumped another nickel per gallon — pushing prices to 55 cents more than a year ago — according to a study published Sunday.
The average price for a gallon of regular is $3.18, the Lundberg Survey found. That’s up 5 cents from two weeks ago, publisher Trilby Lundberg said. In Chicago, the average price for a gallon of regular is $3.284, according to AAA’s Fuel Gauge report. Get the full story »
Dec. 21, 2010 at 2:30 p.m.
Filed under:
Economy,
Energy
By CNN
Holiday shoppers will need to bump up their budget for one purchase this year, and they can’t even put it under the tree: gasoline.
The price of fuel is up 13.6 percent from last December and 76 percent higher than December 2008, according to a new study from the Oil Price Information Service. Get the full story »
Dec. 14, 2010 at 1:09 p.m.
Filed under:
Energy
By Reuters
U.S. retail gasoline demand fell 2.7 percent last week as prices rose to their highest level this year, MasterCard Advisors’ SpendingPulse report showed Tuesday.
Average gasoline demand fell by 255,000 barrels per day, to 9.182 million bpd, in the week to Dec. 10. Get the full story »
Nov. 16, 2010 at 9:41 a.m.
Filed under:
Transportation,
Travel
By Wailin Wong
Terminal One of O'Hare International Airport. (Phil Velasquez/Chicago Tribune)
More than 2 million Illinois travelers will fly or drive to a destination over Thanksgiving weekend this year, a nearly 12 percent increase from the 2009 holiday, AAA Chicago said Tuesday.
The motoring organization said 2.25 million Illinois residents are expected to travel, with 2.1 million in cars and 87,000 flying. The average cost of an unleaded gallon of gasoline is $3.05 in Illinois and $2.90 in neighboring Indiana, AAA Chicago said.
The projected increase in Illinois Thanksgiving travelers is slightly more than what is forecast nationwide. AAA expects an 11.4 percent jump in the number of travelers from 2009, with 42.2 million people going at least 50 miles from their home. Of that amount, 94 percent — 39.7 million people — will be driving. Get the full story »
Nov. 4, 2010 at 12:41 p.m.
Filed under:
Economy,
Energy,
Government
By Associated Press
There’s one place holiday shoppers probably won’t find a bargain this year: At the gas pump.
There is plenty of oil and gasoline on hand, and pump prices usually fall this time of year. So what’s causing the run-up? Most analysts point to the Federal Reserve’s $600 billion economic stimulus effort. Get the full story »
