News

Big Spike in Area Gasoline Prices

Big Spike in Area Gasoline Prices

Photo: Newsradio WTAX

With the price of a gallon a gas jumping 20-cents in less than 24-hours, Triple-A spokesperson Beth Mosher says station owners aren’t making as much money as you may think.

“Nobody is not going to believe but, it is the absolute truth.  When prices are higher,  that is when gas station profits are smallest.  They are going to make more on a bag of Doritos they are going to sell than a gallon of gas they are going to sell you” according to Mosher.

Mosher says the price hike is typical this time of year as refineries switch out to the “summer blend” but the hike this time is higher than normal.

She expects prices to drop slowly in the next few weeks and notes a gallon of gas costs less this year than last.

Recent Headlines

4 hours ago in Local

USO Says “Thank You” to National Guard

2-6-16 National Guard USO

The USO’s Illinois chapter wrapped up a week celebrating their 75th anniversary by thanking the people they serve – the troops.

23 hours ago in Local

Court Upholds TV Pitchman Kevin Trudeau’s 10-Year Sentence

wtax 011015

An appeals court in Chicago has upheld a 10-year prison term for best-selling author Kevin Trudeau.

24 hours ago in Local

Hung Jury Declared in Trial of Former Illinois Prosecutor

gavel2

Judge Bob Hardwick declared a mistrial Friday evening in the trial of Curtis Lovelace.

24 hours ago in Local

Amtrak, Illinois Reach Deal to Maintain Instate Service

amtrak

The deal announced Friday will maintain service through the end of the fiscal year on June 30 at a cost of $38.3 million to the state. The department paid $42 million the previous fiscal year.

1 day ago in Local

State Museum to Reopen with Governor’s Amendatory Veto

Illinois State Museum

Rauner has amendatorily vetoed a bill lawmakers approved a few months ago that would reopen the museum and all its satellite locations.