My town Chicago is first in Gas Prices. Now that is a pretty sad thing. Chicago is known as the Second City, usually behind New York. When we finally surpass them, it is a bad thing.
There's a picture in the paper of a Gas Station sign, on the North Side of Chicago, where the price went to $4.15. Now according to the article in the paper, we can't blame this on the oil companies. Chicago has a 5% sales tax on gasoline. The City and the RTA also get an additional 4%.
WGN's Spike O'Dell is talking about this at this exact moment. He is interviewing Dave Sykuta, of the Illinois Petroleum Council. According to Mr. Sykuta, each gallon of gas sold in Chicago is taxed 80 cents. Some of these taxes also going to the Federal and the State Motor Fuel Taxes, and some are earmarked to fund roads.
Regardless of all of this, Chicago has millions of automobiles on the road.
I am about to take a short road trip to Wisconsin Dells. It is only a 3 hour drive, door to door for us. My husband thinks that Wisconsin will be less crowded, because of the gas prices. I guess time will tell.
We have a new car, and it's not necessarily a gas gussler, but it is definitely taking a bigger bite out of our travel budget.
We're #1. and I'm not excited about it.