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Gas Prices Continue to Rise; Crystal Lake, Cary Prices Well Above National Average
CNN Money reported Monday the average price for a gallon of gasoline in America is $3.73. Gas prices in Crystal Lake and Cary are even higher.
Most motorists have noticed that the price of gasoline has done nothing but rise over the past month.
CNN Money reported Monday that 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.
As of Tuesday morning,gas prices in Crystal Lake and Cary ranged from $3.85 at the Citgo at 471 West Virginia Avenue in Crystal Lake to $3.99 at the BP station at 400 Silver Lake Road in Cary, according to GasBuddy.com
Find out what's happening in Crystal Lake-Carywith free, real-time updates from Patch.
CNN Money is crediting the price increase to a combination of factors including rising crude oil prices, production cuts and refinery closings.
The Chicago Tribune reported last week a number of refinery issues in the area have affected the gas prices including an overhaul of BP's Whiting refinery and a fire at a refinery in Ohio.
Find out what's happening in Crystal Lake-Carywith free, real-time updates from Patch.
AAA predicts local refinery issues will continue to push gas prices up in the months to come, according to the Tribune article.
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