Chicago-area gas prices keep rising, market analyst says these factors are driving up cost

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Chicago-area gas prices keep rising, market analyst says these factors are driving up cost
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AAA says the average cost per gallon in Illinois one year ago was $3.27 for unleaded.

drivers are paying much more at an average of $5.48. In Chicago, it’s much higher than that at $5.65 for regular."Demand for gas over the Memorial holiday weekend was higher than anticipated. On top of that, yesterday we saw a Russian oil ban go into effect from the EU, which caused a big spike in the price of crude oil," said Flynn.

Metra is hoping to cash in on the hike, announcing a "Super Saver" $100 monthly pass for unlimited travel throughout the Chicago area, starting in July.

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