Skip to comments.Taxes make Chicago gas prices nation's highest
Posted on 04/27/2011 10:56:47 AM PDT by KeyLargo
Taxes make Chicago gas prices nation's highest
5:51 AM CDT, April 27, 2011
Drivers in Chicago pay more for gas than they do in any other major metropolis in the continental United States. Analysts say that's due largely to a perfect storm of federal, state and local taxes.
The average price for a gallon of gas in Chicago was $4.32 a gallon on Tuesday, according to data from price tracker gasbuddy.com. That's more than what drivers pay in sprawling Los Angeles, where gas averaged $4.22 a gallon, and crowded New York City, where it's $4.20 a gallon.
Indeed, the only major U.S. city with higher prices is Honolulu, where gas must be imported from the mainland or from refiners on other Hawaiian islands. The average price in America's 57th largest city was $4.44 a gallon.
Gas prices have soared this year, driven higher across America as global oil prices spike on worries about political instability in the Middle East and lost supply from war-torn Libya.
Nationwide, gas prices average about $3.87 a gallon, up 26 percent from $3.07 at the beginning of the year, according to motorist group AAA.
But prices in Chicago, the nation's third-largest city, are being inflated by a litany of taxes that add an estimated 60 cents per gallon to the retail price, according to Dave Sykuta, director of the Illinois Petroleum Council, an industry group.
(Excerpt) Read more at chicagotribune.com ...
Rahm dead fish, will deal with this...
But, but, but it's those SPECULATORS!
What this article fails to mention is that the greater Chicagoland area is also plagued by toll roads.
Not true. Maui $4.77.
Yes, and the state lied to the taxpayers when the tollway was built saying that once the bonds were paid off the roads would be free. Gee, I think they lied...
Wow, now California has a new goal...have the highest gas in the nation. I am sure that Brown and the democrats will look at this like a challenge and do whatever is necessary to regain the #1 status.