Wednesday, May 22, 2013
You can use this gas price widget to always find the lowest price of the moment. Pro tip: Gas up early this week to save money.
Click here for a full-screen view of the gas price map. If you don't see a map of our local area, click the magnifying glass in the upper right to enter your address. Gas prices were predicted to be lower this summer compared to the past three years, but that won't translate into savings at the pump this Memorial Day weekend, experts said. "Motorists this year are facing rising gas prices heading into the Memorial Day holiday," said Michael Green, a AAA spokesman, adding that Memorial Day 2013 would probably be the most expensive since 2011. In past years, prices have declined heading into early summer as oil refineries produced more gasoline to meet expected summer driving demand. This year, though, Midwest refineries haven't been able to…
Friday, May 3, 2013
Motorists across Illinois have been paying more at the pumps this week, more than the majority of states, according to AAA. Here are the lowest prices in Grayslake.
The majority of states may be experiencing a drop in gas prices, but not Illinois and other parts of the Midwest, according to AAA. Record rainfall that led to flooding and reduced production related to refineries shifting over to "summer-blend" gasoline are part of the reason, reports AAA. There was also an explosion at a Detroit refinery on April 27, though that incident was not expected to contribute to higher prices for motorists. The current average price for regular unleaded in Illinois is $3.95. Last month, the average was $3.84. A year ago the average was $4.02. The highest recorded average was $4.31 on May 5, 2011, according to AAA. Price gouging? Many local residents are feeling like gas stations are price-gouging and maybe even …
Monday, March 11, 2013
Moderating crude oil prices are the reason for the dip in prices, the Chicago Tribune reports.
Gas prices are finally going down for Grayslake drivers. The average price of gasoline in the Chicago suburbs has dropped by 9 cents in the past week to $3.91 per gallon, the Chicago Tribune reports. The newspaper says moderating crude oil prices are the reason for the drop in price. As of Monday afternoon, the following gas stations have the lowest prices in Grayslake, according to Mapquest:
Monday, February 18, 2013
CNN Money reports the average price for a gallon of gasoline in America is $3.73. Grayslake gasoline prices are even higher.
Most motorists have noticed that the price of gasoline has done nothing but rise over the past month. CNN Money reports the average price for a gallon of regular unleaded gasoline in America has increased more than 13 percent over the past 32 days to $3.73. On Monday afternoon, gas prices in Grayslake ranged from $3.86 at the Speedway on Route 83 and at the Shell Service Station on Route 45 to $3.90 at the Belvidere Mobile station. CNN Money is crediting the price increase to a combination of factors including rising crude oil prices, production cuts and refinery closings.
Wednesday, September 26, 2012
Gas prices drop; under $4 in Grayslake.
Gas prices are slowly descending. Grayslake drivers can finally find gas that is under $4 a gallon for regular. The price was at $3.94 a gallon at the Marathon at 735 E. Belvidere Road and at the Speedway at 491 S. Route 83, according to Mapquest. Part of the reason gas prices are on the decline is that the market is switching over to the less expensive winter blend according to Tom Kloza, chief oil analyst at the Oil Price Information Service (OPIS), in The Wall Street Journal MarketWatch. Nationwide gas prices are currently an average of 3.807 per gallon of regular grade. In Illinois, the average is 3.994. Illinois residents can blame a good part of the cost of a gallon of gas on taxes. Illinois has the seventh highest gasoline tax rate …
Friday, August 31, 2012
Find out where the cheapest gas is in Grayslake along with weather and traffic conditions before starting your Labor Day weekend travels.
Friday, August 31, 2012
Click here and let Patch help you find the cheapest gas in Grayslake. Click here for the latest weather conditions and forecasts. How about driving directions or a live traffic report?
Wednesday, August 29, 2012
Gas prices could go up 10 cents in the next week because refineries were taken offline as Isaac threatens the Gulf Coast.
As Hurricane Isaac intensifies and threatens the Gulf Coast with significant storm surge and hurricane force winds, oil companies with refineries in Louisiana have started to evacuate employees and shut-down operations. The result will likely mean higher gasoline prices for area drivers. AAA is reporting that it is likely drivers across the country will experience higher gas prices as a result of the tropical storm heading toward the Gulf Coast. Roughly 1.3 billion barrels a day — or 8 percent — of the country’s refining capacity was taken offline in preparation of Isaac making landfall in Louisiana, according to a story on the Wall Street Journal Monday. Prices could rise another 10 cents in the coming week, according to a story on CNN …
Friday, August 3, 2012
Some Grayslake area stations are charging more than $4 per gallon for gas.
AAA Chicago is saying that refinery problems in Illinois and Indiana are behind gas price increases that took the cost to more than $4 a gallon in the Chicago area, some as high as $4.18 in the Grayslake area, according to the State Journal Register. According to Motortrend.com, the cheapest gas you’ll find in the Grayslake area as of late Thursday is $3.69 at the Mobil at Route 45 and Center Street. While gas prices are rising nationwide, gas prices in Illinois are rising at a rapid rate, nearly 40 cents more per gallon in the past week, according to GasBuddy.com. Nationwide, gas prices have risen from an average of 3.32 per gallon of regular to $3.53 per gallon of regular in the last month, according to AAA. "Illinois, Indiana and states…
Saturday, June 30, 2012
Drivers in Grayslake and throughout the country can fill up for less.
Gas prices continue to fall. The current average nationwide for a gallon of regular is $3.83, down 26 cents from a month ago and 18 cents from a year ago, according to AAA’s Fuel Gauge Report. The national average price of regular gasoline has dropped 41 cents since April 2, according to the U.S. Energy Information Administration’s This Week in Petroleum June 20 report. Americans are now spending roughly $200 million per day less on gas than in early April, when gas peaked at $3.94 per gallon. And analysts are expecting further declines. One economist this week forecast the national average will soon fall to $3.10 per gallon, according to BloomBerg Businessweek. "The good news is retail gas prices continue to drop and are forecast to …
Wednesday, April 11, 2012
What do the numbers mean to you?
Wednesday, April 11, 2012
The economy added about 120,000 jobs in March. The jobless rate ticked down a percentage point to 8.2. Gas prices appear to have peaked and are coming down. These signs could be interpreted that the economy is improving. However, some of these numbers come with a “But … .” The Labor Department reported that employers added 120,000 jobs to their payrolls last month, but well below economists’ forecasts for a 203,000 gain. The unemployment rate fell, but experts said it was largely due to discouraged job hunters giving up the search for work. And, gas prices. They may have peaked, but will they rise again during the high-demand summer months? What do you think?