- Filling the tank today? Prepare yourself: It’s gonna hurt.
Gas prices in Chicago and the metro area hit a record high Monday, according to AAA, with the average price of regular unleaded gasoline at $4.67 in the city and $4.51 in the suburbs. Those prices compare to $3.95 one year ago in Chicago and $3.77 at the same time last year in the Chicago metro area.
Beth Mosher, a spokeswoman for AAA, said the spike can be attributed to a seasonal change over to a summer blend of gasoline.
And Obama dithering on Iran. And Obama canceling the Keystone pipeline. And the Obama administration refusing drilling permits for the Gulf and coastal United States while China sets up deep water rigs near Cuba and American companies take their rigs elsewhere. And Obama demonizing coal, leading to a greater dependence on hostile regimes for oil supplies.
Expect $5-per-gallon gas shortly. And a stalled economy.
Expect $5-per-gallon gas shortly. And a stalled economy.