Gas Prices Rise: Lincoln Square Surpasses U.S. Average

Most drivers have noticed this month's rising price of gasoline.

CNN Money reported Monday that the average price for a gallon of regular gasoline in America has increased to $3.73—more than 13 percent during the past 32 days. And the cost of filling a 15-gallon gas tank in Lincoln Square is $8.06 more than it was one year ago, according to AAA Fuel Finder.

As of Tuesday afternoon, gas prices in the neighborhood ranged from $4.39 at the Shell at 4346 N. Western Ave. to $4.24 at the Mobil at 4638 N. Damen Ave., according to Chicago Gas Prices. At $3.99 per gallon, the least expensive gas in the area was being sold at Roscoe Village's Speedway, 3354 N. Damen Ave. 

CNN Money is crediting the price increase to a combination of factors, including rising crude oil prices, production cuts and refinery closings. 

The Chicago Tribune reported a number of refinery issues last week that affected gas prices, including an overhaul of BP's Whiting refinery and a fire at a site in Ohio.

AAA predicts local refinery issues will continue to push gas prices up in the months to come, according to the Tribune article.

Follow us on Facebook!