Gas Prices Expected To Rise After OPEC Cuts Production
Oil prices have surged because traders believe OPEC is finally addressing an oil glut that has depressed prices for the past two years.
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Oil prices have surged because traders believe OPEC is finally addressing an oil glut that has depressed prices for the past two years.
Gasoline prices rose a tick in the past week, but still are much lower than recent years.
The Brexit vote has sent gas prices into a slide in Chicago and the rest of the United States.
Patrick DeHaan, senior petroleum analyst at GasBuddy.com, said the increase is due, in part, to refinery maintenance, which will take longer than expected.
Massachusetts gasoline prices have jumped 4 cents in the past week to an average of $2.12 for a gallon of self-serve regular.
With gasoline prices plummeting in the Chicago area, how far can you go with $50 in your pocket?
With crude oil prices down again on Monday, gas prices at the pump likely will continue dropping.
Drivers are enjoying some of the lowest prices at the pump in years, but as CBS 2's Vince Gerasole reports it comes at a price.
With gas prices at lows we haven't seen in seven years, one analyst said drivers should buy now, because prices are likely to go back up soon.
While motorists around Chicago are well aware of plummeting gasoline prices, the average cost of a gallon of petrol is actually below the national average.
Gas prices have been steadily declining in Chicago for the past few weeks, reaching the lowest levels seen in years, and one industry expert said the bottom will continue to drop.
The average price of a gallon has fallen about 11 cents in the last week and drivers are loving it.
Triple A declares this year's to be the busiest holiday for travel ever.
Chicago cab driver Tony Liauppa is doing well these days.
Even with crude oil prices inching up a bit on Wednesday, Chicago area gas prices have been tumbling.
Repairs at BP's Whiting, Ind., refinery sent gas prices plunging last week across Chicago and nationwide, the biggest single-week drop this year.
Patrick DeHaan, senior petroleum analyst at GasBuddy.com, said Chicago area drivers can expect to see prices fall by up to 50 cents in the next couple weeks, after BP confirmed it has reopened the crude distillation unit that went offline on Aug. 8.
If you have a late summer road trip planned, there's good news—the average gas price in the Chicago area has dropped 15 cents since Thursday, and prices are expected to keep going down.
Patrick DeHaan, senior petroleum analyst at GasBuddy.com, called the recent spike in prices at the pump one of the worst he's ever seen.
Though gas prices have been plummeting nationally, drivers in the Chicago area suddenly have seen a major bump at the pump.
Gas prices normally spike during the summer driving season, but this year they have been plummeting.
Gas prices in the Chicago area are heading lower and this trend may continue.
Regular unleaded is $3.04 a gallon in Chicagoland. The national average is $2.73, according to AAA Motor Club.
For the first time this year, the average price of gas in the Chicago area has climbed to more than $3 per gallon.
The Cubs jersey designed by Liz Flores will be available during Hispanic and Latino Heritage Night at Wrigley Field on Sept. 25.
At least three people were arrested while protesting at the ICE facility in Broadview on Friday, accused of assaulting federal officers, but prosecutors have no criminal charges on file.
The GameStop in Orland Park is now the sixth store burglarized in the Chicagoland area since August.
This year marks 10 years of Soles for Children, a nonprofit based in Rock Island, Illinois, and organizers are celebrating with some major giveaways.
Joliet police did not release the condition of the men, but said their wounds were non-life-threatening.
The Trump administration announced it believes acetaminophen is linked to autism risk, but the maker of Tylenol and medical experts have strongly pushed back on the claims.
U.S. Immigration and Customs Enforcement confirmed at least 16 arrests after clashes outside the facility both Friday and Saturday.
President Trump, Vice President JD Vance and Erika Kirk spoke at Sunday's memorial service for Charlie Kirk, founder of Turning Point USA.
In a world of deep partisanship, Edgar was lauded by his fellow Republicans and also by Democrats as a leader with great integrity.
The Department of Homeland Security is escalating its clash with so-called sanctuary states, warning multiple states they could face legal action, CBS News has learned.
Marilyn Hagerty, the North Dakota newspaper columnist whose earnest review of her local Olive Garden became a social media sensation, has died.
Some municipalities have decided to keep the tax in place at the municipal level, on the grounds that they need the revenue.
Some local gas stations as of Tuesday afternoon were posting prices of $4 per gallon for regular unleaded, and more than $5 for premium.
Many drivers are as frustrated with the unexplained spike in their auto insurance as they are with congestion on the roads.
The Arlington Heights Village Board on Monday night approved a new 5% streaming tax.
The person who died was a suburban Cook County resident in their 60s.
The department said the patient was a 4-year-old child who was not vaccinated.
Colon cancer is the leading cause of cancer death in men under 50 and the second leading cause in women of the same age, according to the American Cancer Society.
Illinois Governor JB Pritzker signed an executive order last week to protect state residents' access to COVID and other vaccines in the fall respiratory virus season.
Osher Center executive director Dr. Melinda Ring said there are many ways that food impacts all of our lives and health. She explained what using food as medicine looks like.
On Saturday, Sept. 27, the Goodman will host an ice cream social with ice cream from Rainbow Cone, accompanied by stories from the owners of three of Chicago's most beloved businesses
The funding was made possible through the second round of the National Electric Vehicle Infrastructure Program.
Chicago-based sandwich maker Potbelly is being acquired by the gas station and convenience store chain RaceTrac for $566 million.
The other two American Science & Surplus stores, in the west Chicago suburb of Geneva and in Milwaukee, may stay open as employee-owned and operated businesses.
The private equity firm Sycamore Partners has completed its acquisition of Walgreens, ending the drugstore chain's run as a publicly traded company.
"Jimmy Kimmel Live!" had been pre-empted on Wednesday following comments Kimmel made on the show in response to the shooting death of conservative activist Charlie Kirk.
Clad in black leather, Stamos joined founding Beach Boys member Mike Love, 60-year group veteran Bruce Johnston, and the touring band that now plays with them.
Jon Stewart, Stephen Colbert and Jimmy Fallon opened their late-night shows using a mix of humor, song and expressions of solidarity with suspended ABC host Jimmy Kimmel.
In a statement issued Wednesday, ABC said Kimmel's show would be "preempted indefinitely. There was no word on if or when the show may return.
The first-ever Central Street Busker Fest is set for Saturday, Sept. 20, from 2 p.m. to 6 p.m.
Around 12:45 p.m., officers responded to the 0-50 block of North Broadway Street for a report of two people shot. Arriving officers found two men, 36 and 44, who were shot near the driveway of 5 North Broadway Street.
At least five other stores have been burglarized since August, including one in Irving Park, two stores in Cicero, one in Gage Park, and one on the Near West Side.
An Aurora man has been sentenced to 11 years in prison for sexually assaulting a girl he met on Snapchat, and investigators said they believe there might be more victims.
Kimmel's suspension and subsequent comments from the FCC chairman sparked a free speech debate and protests by TV writers and producers, including a rally earlier Monday in front of the Los Angeles Theater, where Kimmel tapes his show.
At least three people were arrested while protesting at the ICE facility in Broadview on Friday, accused of assaulting federal officers, but prosecutors have no criminal charges on file.
U.S. Immigration and Customs Enforcement confirmed at least 16 arrests after clashes outside the facility both Friday and Saturday.
Chicago's violent crime is down double-digit percentage points so far in 2025 compared to 2024, according to a CBS News analysis of Chicago Police Department data.
"Jimmy Kimmel Live!" had been pre-empted on Wednesday following comments Kimmel made on the show in response to the shooting death of conservative activist Charlie Kirk.
Doctors, nurses, patients, and community members will urge administrators to act before a federal deadline makes the closure of the hospital permanent.
The Cubs jersey designed by Liz Flores will be available during Hispanic and Latino Heritage Night at Wrigley Field on Sept. 25.
Chicago's violent crime is down double-digit percentage points so far in 2025 compared to 2024, according to a CBS News analysis of Chicago Police Department data.
Village of Lisle moves to find alternatives to high water bills for homeowners who get water from a private company
Ald. Vasquez said it's the first time he's seen such an act, but is open to speaking to whoever left the dead rat and note about immigrants, calling them both vermin.
What do barbecued monkey, ostrich eggs, and whale meat sausage have in common? They've all recently been seized by U.S. Customs and Border Protection specialists at O'Hare Airport.
West Garfield Park residents are excited to learn that a new EV charging station is coming to their area at the end of the month.
Chicago made it close in the seventh when Miguel Vargas and Andrew Benintendi drew bases-loaded walks from reliever Mason Miller.
The Cubs had runners on first and second with two outs in the ninth against Tony Santillan, who struck out Pete Crow-Armstrong for his 7th save of the season.
The Chicago Bears gave Ben Johnson his first win as an NFL head coach by beating the Dallas Cowboys 31-14 on Sunday.
On Sunday, Musburger remembered when the Bears were working out an agreement with Walter Payton.
The Cardinals captured their third Division III national championship back in January
Police said the robbery happened early Saturday, Aug. 30, in the 900 block of West Lake Street in the Fulton Market District. The Morgan Street Green and Pink Line stop is located at that address.
Chicago's violent crime is down double-digit percentage points so far in 2025 compared to 2024, according to a CBS News analysis of Chicago Police Department data.
The victim was shot in the chest at Halsted and Lake streets and was taken to Stroger Hospital of Cook County, where he was pronounced dead.
The vehicle had hit multiple unoccupied parked cars in the 10100 block of South Avenue M, police said.
An immigration judge has denied bond to a man who has been detained by Immigration and Customs Enforcement since he sought police help as the victim of a near-fatal shooting in Iowa months ago.
