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

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.

AAA predicts local refinery issues will continue to push gas prices up in the months to come, according to the Tribune article.

Tbone February 19, 2013 at 07:46 PM
Rising prices on everything, not just gas! This is truly "Change we can believe in". I guess we just need more time, time to allow everything to work...seems like I've heard this...mmmmmm!!!!
Bob Stock February 19, 2013 at 08:35 PM
When the oil companies inflate the price by cutting production and closing refineries it's no wonder that prices will rise even if demand remains flat.
McCloud February 19, 2013 at 10:55 PM
Hey Bob, for that you can thank people like D Durbin, who pass bill after bill forcing compliance with several different nonsense grades of refined gas, each one costing billions and billions of dollars. Hey likes to hide in the shadows and point fingers at the big bad oil man. You can also blame Durbin for taxes built into the price as a percentage, so the government grabs more with each penny increase.


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