The highest price in the city Tuesday was $4.85 a gallon, recorded at a BP station at 755 W. Lawrence, according to chicagogasprices.com.
When it's $4.59 $4.64 at the "cheap" place (the car wash at Broadway/Ainslie), it makes a trip to the 'burbs or Indiana something to think about.
I paid $4.45 in Arlington Heights today. No deals in the burbs either. Ridiculous.
ReplyDeleteLet's not play surprised. Gas prices were predicted to hit $5-6/gal over the last 3-4 years. I specifically recall considering this in early 2008 before I bought a small SUV instead of a Honda Civic, but I made a choice.
ReplyDeleteCan anyone say "Peak Oil"? Not to mention this recent massive marketing campaign by The People of America's Oil and Natural Gas Industry (API or American Petroleum Institute) to mine Canadian Oil Sands. We are now relying on oil that must be harvested out of sand instead of easily pumped out of the ground. Sounds like we're running on E in terms of available oil in the ground.
ReplyDeleteWe better start thinking and acting accordingly, I don't expect prices to drop back down much come this fall/winter. Sending a message to the auto industry I think is key, stop buying or driving low-mileage combustion engine vehicles. And 32 MPG highway isn't amazing gas mileage, it's a joke with how long the engine has been around for. Biodiesel run diesel engine vehicles and 100% electrics are the way to go unless you want to liberate yourself and go completely car-less.
Prices will be coming back to earth somewhat by fall but the long term arrow will still be pointing up. We're lucky to live in an area with so many transit options, those in sprawling exurbs and 3 hr round trip commutes are in real trouble.
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