Chicago Gas Prices on the Slide

Month-to-month gas prices in the Chicago area are down for the first time since October

View Comments (
)
|
Email
|
Print

    NEWSLETTERS

    Month-to-month gas prices in the Chicago area are down for the first time since October 2010, according to reports from AAA Chicago Motor Club.

    More good news: Analysts predict the trend to continue through the summer.
     
    The average gas price in Cook County is down 22 cents from last month, according to the Chicago Sun-Times, but at $4.28, it is more than $1 higher than last year.

    Still, experts predict prices could fall to $3.50 per gallon by October.
     
    A look at local price fluctuations:
     
    Cook County:
      --August 2011: $4.28
      --May 2011: $4.50
      --August 2010: $3.00
     
    DuPage County:
      --August 2011: $4.09
      --May 2011: $4.37
      --August 2010: $2.81
     
    Lake County, Ill.:
      --August 2011: $4.09
      --May 2011: $4.37
      --August 2010: $2.88
     
    Will County:
      --August 2011: $4.06
      --May 2011: $4.35
      --August 2010: $2.84
     
    Lake County, Ind.:
      --August 2011: $3.88
      --May 2011: $4.17
      --August 2010: $2.70

    Chicago gas prices set a record high in May, topping the last record set at $4.303 in 2008.