Gas Prices Plummet Nationwide Except in Chicago Area

Gasstation

The national average price of a gallon of regular unleaded is $3.52 according to AAA. That's down 8.6% from this time last year, which traditionally is the beginning of a decline in gas prices that runs through July.

While states such as Colorado and Maryland are seeing relief at the pump to the tune of 36 cents and 41 cents a gallon, respectively, recent flooding has increased prices quickly in Chicago and surrounding areas.

In Chicago, gas prices are almost 3% lower than a year ago, but compared to prices from a week ago, they're up 7.5%. As a whole, Illinois' average gas price is up 5.5% from last week.

Surrounding states such as Michigan and Ohio are also seeing prices rise due to the storms.

GasNational

Diesel fuel prices aren't as volatile as regular unleaded, and they exhibit smaller price swings. A gallon of diesel is down 5% compared to last year's national average price, and the price is 1.5% lower in Illinois. Compared to a week ago, Illinois' average price of diesel is actually slightly lower.

In Chicago itself, the traditionally pricey diesel costs less than a gallon of regular unleaded.

Chicagogas

If a 2013 Volkswagen Jetta TDI was filled up alongside a 2013 Jetta with the base 2.5-liter five-cylinder engine in Chicago, it would cost .4% less to fill the diesel Jetta. The TDI gets 23.5% better fuel economy with a sticker price that's 11% higher than a comparably equipped Jetta 2.5.

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By David Thomas | April 24, 2013 | Comments (11)

Comments 

ADI

I've definitely noticed the drop here in Colorado. Hopefully it stays down.

Jarrod

There's a Mobil gas station when you leave my neighborhood. I remember when President Obama took office Regular was just a $1.88. Man things have changed.

LilBro

Funny, prices went from $3.30 on Saturday to $3.69 on Monday in Cincinnati.

J

I still remember when gas was a dollar something before Bush was in office and it was 4 bucks when he is about to leave...

hjc3

Yes thats right ...it's Bush's fault Oh and by the way my dishwasher just broke down I'm sure Bush had something to do about that too

Mike

Even a tool like J can Google to find out that gas was $1.89 when President Bush left office. Then again it's highly unlikely he can afford a car as welfare can't pay that much.

Bob

The presidents have no control over gas prices, prices are driven by the market, get a clue

Bob

dumbasses

Gary

Obama isn't responsible for anything. Anything.

Highdesertcat

Gas prices will go up again, whether we like it or not.

As long as we have an overabundance of oil and not enough refining capacity, we' ll see fuel prices roller-coaster with the seasons.

At least there is no shortage of fuel. That's all that matters.

But while presidents may not be able to control fuel prices, presidents are responsible for the nation's economy.

And without making this political, if the economic policies of the current president and his administration work for you, you're much better off financially than I am.

My money doesn't buy near what it used to buy just four short years ago.

Steve McQueen

Chicago has higher gas prices than Beverly Hills with none of the benefits! It is also the deadliest city in the world, and it is one of the most miserable (according to Forbes Magazine.) And I won't even mention the taxes...

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