While exports surged, domestic stocks of crude oil, gasoline, and diesel fell sharply. Before the war began in the Middle East, which closed the Strait of Hormuz to most ship traffic, global oil and motor fuels markets were awash in supply. #gas #prices #oil
“We impose a motor fuel tax across the state that was adjusted six years ago, seven years ago now, in 2019, but then we impose a sales tax on top of that motor fuel tax,” Spain said. #tax #gas
Advocates say the combination of volatile gas supply prices and repeated utility rate increases is straining family budgets at a time when many households are already paying more for essentials like food and healthcare. #gas #prices
The Chicago City Council Committee on Environmental Protection and Energy met Monday to discuss the Illinois Commerce Commission’s move to allow Peoples to restart its pipe replacement program. #gas
GasBuddy's 2023 forecast says California may face gas prices near $7 a gallon in the summer but most cities will see prices peak at $4 a gallon. #gasprices
"My long term energy plan includes an 'all of the above' approach and a level playing field where there's fair competition that benefits the consumer."
#jimmarter
'How high can it go?': Northwest Side GOP club offers mock gratitude for increasing Illinois gas prices (Chicago, IL) - Northwest Side GOP Club recently offered up mock gratitude to the powers that be in Illinois for high fuel taxes that are exacerbating rising gas prices in the state — rates higher than the national average.