Chicago is My Home

19
May

New Survey Finds Average Gasoline Prices in Chicago Highest in the Nation

Author: Adam Fendelman, Category: Transportation

CHICAGO – A national survey released Sunday found that Chicagoans are paying the highest prices for fuel in the U.S. On average, gas in the Windy City is selling for $4.07 a gallon.

Conducted by Lundberg Survey, Inc. – an independent market research company that specializes in U.S. petroleum marketing and related industries – the survey said the national average price for gasoline rose about 17 cents in the last two weeks.

On Friday, national average gas prices were $3.79 a gallon for regular, $3.91 for mid-grade gas and $4.02 for premium gas. Average gas prices crossed the $4 mark in two metropolitan areas: Chicago and Long Island, N.Y.

OPEC President Chakib Khelil said on Monday it is unlikely to increase its output of crude oil in the coming months because there is no shortage in supply. The announcement sent oil prices climbing once again above $127 a barrel.

By Megan O’Neil