Most Active Stories
Fri August 3, 2012
Gas prices surge in northern Illinois
There's been a nationwide uptick in gas prices. But prices across the northern Illinois region have surged by nearly 20 cents over the past week.
Chicago Triple AAA says refinery problems in Illinois and Indiana are behind the increase. Another contributing factor is a ruptured oil pipeline in the upper Midwest.
While those issues have forced drivers to pay more to fill-up in recent days, industry analysts say the pain at the pump could be short-lived. They say the issues could be resolved over the next few weeks, allowing prices to go down.
Other analysts say the nationwide increase can be tied to higher ethanol prices, brought on by the summer drought.