Why are gas prices going up in Chicago?

Why are gas prices going up in Chicago?

Chicago tends to face some of the steepest gas price increases in the country, De Haan said. “Big city, higher gas taxes, higher costs of doing business,” De Haan said. “It’s going to cause everyone in Chicago to dig deeper.”

Why are gas prices so high in Illinois 2021?

The state raised its motor fuel tax on July 1, 2021, by a half-cent to 39.2 cents per gallon in addition to other assorted sales taxes. That’s on top of a federal gas tax of 18.4 cents. Municipalities also may impose gas taxes, so Peorians pay an added 5 cents per gallon.

Are gas prices going up in Illinois?

Gas Price Averages According to AAA, the average price of a gallon of gas jumped by 3% in just the last 24 hours, and has climbed by 14.5% in the last seven days. The price of gas, which was at an average of $3.62 per gallon in Illinois on Feb. 8, has climbed by more than 22% since then.

What was the highest gas price in Chicago ever?

The highest average gas price ever recorded here was $4.68 in 2012.

How much is gas right now in Chicago?

Chicago Metro

Regular Premium
Current Avg. $4.511 $5.324
Yesterday Avg. $4.483 $5.297
Week Ago Avg. $4.457 $5.292
Month Ago Avg. $4.625 $5.445

Which state has the highest gas prices?

California has the most expensive gas in the nation, while Missouri has the cheapest.

Is gas cheaper in Missouri or Illinois?

If you check GasBuddy.com for gasoline prices in the Midwest, Illinois stands out for having higher average prices than surrounding states, including Missouri.

Is gas more expensive in Illinois or Missouri?

It’s no secret gas in Illinois costs more than Missouri. We asked the experts what is going on. “It really is sort of the perfect storm in terms of what we’re seeing in fuel prices,” Josh Sharp said. Sharp’s the Chief Executive Officer for the Illinois Fuel and Retail Association.

What is the gas prices in Chicago?

City of Chicago

Regular Diesel
Current Avg. $4.791 $5.189
Yesterday Avg. $4.795 $5.199
Week Ago Avg. $4.774 $5.194
Month Ago Avg. $4.860 $5.140

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