Apr 10, 2008 10:10 pm US/Central
Gas Tops $4 A Gallon At Some Chicago Pumps
Prices Expected To Climb Higher As Weather Gets Warmer
CHICAGO (CBS) ―
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Prices for premium gas have broken the $4 barrier at some Chicago gas stations. Experts say regular gas will soon follow.
CBS
Even though we're already used to high gas prices, you may still get sticker shock next time you fill up.
Premium gas at some Chicago pumps has reached an unfortunate milestone – $4 a gallon – and it's not even Memorial Day yet.
Will $4 Gas Alter Your Travel Plans? Click Here And Tell Us What You Think!And CBS 2's Dana Kozlov reports analysts predict regular will soon hit the $4-mark, too.
"That bums me out a whole lot," said Chicago driver Marlong Fulgham. "I think I'm going to start taking the CTA."
Fulgham isn't kidding and he probably won't be the only one to make the switch when gas prices get that high. That's expected to happen in May in the Chicago area, when the required summer blend hits the pumps. That blend isn't produced in the same quantities as standard blends of gasoline.
"I don't know if I'm going to be putting a lot more gas in my car. I'll probably stow it away for the summer and just take the bus or a cab," said Chicago resident Marco Cabral. "Prices are getting too high, they're too expensive."
"This year we're not going anywhere, I don't think, for the summer," said Illinois driver Caitlin Crotty.
Gas is just one of many living expenses on the rise. Electric bills, heating bills and food prices are all increasing, too. It's hitting a lot of folks hard. But some drivers say with record high fuel prices, it may be time to drastically change our own driving habits.
"I think we need to look at ourselves just as well," said Chicago driver Lisa Rapoport. "Honestly, we use a lot of gas as a country and I think it's been this expensive in Europe for a long time and we're only just starting to feel it now."
An AAA spokesperson says gas prices are often higher in Chicago than other areas because of taxes.
No matter where you go to fill up right now, prices are already at or near an all-time high – a reality that likely isn't going to change.
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