Gas Prices Hit Record in Obama’s Hometown

Chicago Gas Prices Hit Highest Level In History

March 27, 2012 7:44 AM

CHICAGO (CBS) — The average price of gas continues to jump ever closer to $5 per gallon, with prices up 18 cents per gallon in the last week.

As WBBM Newsradio’s Bernie Tafoya reports, AAA says gas prices have never been higher in Chicago in all of history. Prices were averaging $4.67 per gallon Tuesday morning in the city, and $4.51 in the metro area.

The gas station at Armitage Avenue and Wood Street near the Kennedy Expressway was charging $4.849 for regular, and there are a couple of stations on the city’s North Side that are charging even more than that.

The highest gas price in the city was a tie between two stations just west of Lake Shore Drive and the North Avenue Beach. The BP station at LaSalle Boulevard and Clark Street and the Shell station at 130 W. North Ave. were both charging $4.88.