News

August Gas Prices Are Down in Illinois

August Gas Prices Are Down in Illinois

The price of gas is dropping in Illinois.

It’s at a statewide average now of $3.54, down from $3.79 a month ago, and from $3.78 a year ago at this time, according to the Triple-A Fuel Gauge Report. This is the cheapest August price since 2010.

Bill Fleischli of the Illinois Petroleum Marketers Association, representing gas station owners, explains what’s going on: “The world is looking at maybe a little stability in the Mideast, demand is less on supply, so the market’s reflecting a little drop in wholesale, and that’s being reflected at the retail market,” he said.

The price in Illinois is still higher than in neighboring states. Fleischli says this is due to Illinois charging a sales tax on gasoline, a percentage tax that gets higher as the wholesale price gets higher.

Recent Headlines

in Local

“Workers Comp Reform” Fails in Illinois House

illinois house

The Illinois House closed out the week with Democrats taking another whack at the governor's "Turnaround Agenda."

in Local

New University of Illinois President Visits UIS

5-22-15 timothy kileen

New University of Illinois president Timothy Killeen is reacting to published reports suggesting that community college and university presidents get some pretty expensive perks.

in Local

Legislation Helping Mahomet Aquifer Goes to Governor

water

A measure affecting water supplies in some regional communities has passed through the General Assembly.

in Local

Cubs Owner Buys More Nearby Rooftop Buildings

cubs

Cook County property tax records show that an entity controlled by the owner of the Chicago Cubs has purchased three more rooftop buildings next to Wrigley Field.

in Local

New IL Corrections Director Resigns

Seal_of_Illinois

Illinois Gov. Bruce Rauner's choice for state prisons director has resigned just two months into the job.