Where's the Cheapest Gas in Town?

You can use this gas price widget to always find the lowest price of the moment. Pro tip: Gas up early this week to save money.

Click here for a full-screen view of the gas price map. If you don't see a map of our local area, click the magnifying glass in the upper right to enter your address. Gas prices were predicted to be lower this summer compared to the past three years, but that won't translate into savings at the pump this Memorial Day weekend, experts said. "Motorists this year are facing rising gas prices heading into the Memorial Day holiday," said Michael Green, a AAA spokesman, adding that Memorial Day 2013 would probably be the most expensive since 2011. In past years, prices have declined heading into early summer as oil refineries produced more gasoline to meet expected summer driving demand. This year, though, Midwest refineries haven't been able to…

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Gasoline Prices Drop in Lake Zurich

Moderating crude oil prices are the reason for the dip in prices, the Chicago Tribune reports.

  Gas prices are finally going down for Lake Zurich drivers. The average price of gasoline in the Chicago suburbs has dropped by 9 cents in the past week to $3.91 per gallon, the Chicago Tribune reports. The newspaper says moderating crude oil prices are the reason for the drop in price. As of Monday afternoon, the following gas stations have the lowest prices in Lake Zurich, according to GasBuddy.com: 

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Gasoline Prices Rise 13 Percent Over Last 32 Days

CNN Money reports the average price for a gallon of gasoline in America is $3.73. Lake Zurich gasoline prices are even higher.

  Most motorists have noticed that the price of gasoline has done nothing but rise over the past month. CNN Money reports the average price for a gallon of regular unleaded gasoline in America has increased more than 13 percent over the past 32 days to $3.73. On Monday afternoon, the cheapest gas price in Lake Zurich was $3.89 at the Marathon station 1125 S. Old Rand Road and several other stations according to GasBuddy.com. CNN Money is crediting the price increase to a combination of factors including rising crude oil prices, production cuts and refinery closings. 

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Relief at the Gas Pump

Gas prices drop; under $4 in Lake Zurich.

  Gas prices are slowly descending. Lake Zurich drivers can finally find gas that is under $4 a gallon for regular. The price was $3.95 a gallon at numerous Lake Zurich stations according to Mapquest. Part of the reason gas prices are on the decline is that the market is switching over to the less expensive winter blend according to Tom Kloza, chief oil analyst at the Oil Price Information Service (OPIS), in The Wall Street Journal MarketWatch. Nationwide gas prices are currently an average of 3.807 per gallon of regular grade. In Illinois, the average is 3.994. Illinois residents can blame a good part of the cost of a gallon of gas on taxes. Illinois has the seventh highest gasoline tax rate in the country, according to the Tax Foundation…

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Wake up, Lake Zurich – Remembering Princess Diana

Get all the information you need to start your day, including where to find the lowest gas prices in your town, live traffic updates, weather and events of the day.

Fifteen years ago today, Princess Diana and her boyfriend Dodi Fayed were killed when the driver of their Mercedes slammed into a concrete pillar in Paris. For now, check Patch for low gas prices locally and for other information to start your week: Is there information you'd like to get every day that we haven't included here? Let Lake Zurich Editor Claudia Lenart know, and we'll try our best to include it!

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Wake up, Lake Zurich – Remember the Chilean Miners

Get all the information you need to start your day, including where to find the lowest gas prices in your town, live traffic updates, weather and events of the day.

On this date in 2010, 33 miners in Chile finally made contact for the first time with families after being trapped underground for three weeks after the mine collasped. They were finally rescued weeks later in October.  For now, check Patch for low gas prices locally and for other information to start your week: Is there information you'd like to get every day that we haven't included here? Let Lake Zurich Editor Claudia Lenart know, and we'll try our best to include it!

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Wake Up, Lake Zurich - Gas Prices Rise Again

Get all the information you need to start your day, including where to find the lowest gas prices in your town, live traffic updates, weather and events of the day.

You may want to move to Texas. According to CNN, the city with the lowest average price in the latest Lundberg Survey, which tallies prices at thousands of gas stations nationwide, was El Paso, Texas, at $3.32. The highest?  Chicago, at $4.22. The good news is the gas prices should begin to drop later this month. For now, check Patch for low gas prices locally and for other information to start your week: Is there information you'd like to get every day that we haven't included here? Let Lake Zurich Editor Claudia Lenart know, and we'll try our best to include it!

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Gas Prices Continue to Go Down

Americans are saving $200 million per day on gasoline, compared to April.

  The national average price of regular gasoline has dropped 41 cents since April 2, according to the U.S. Energy Information Administration’s This Week in Petroleum June 20 report.  Gas prices continue to fall. The current average nationwide for a gallon of regular is $3.83, down 26 cents from a month ago and 18 cents from a year ago, according to AAA’s Fuel Gauge Report.  Americans are now spending roughly $200 million per day less on gas than in early April, when gas peaked at $3.94 per gallon. And analysts are expecting further declines. One economist on Tuesday forecast the national average will soon fall to $3.10 per gallon, according to BloomBerg Businessweek. "The good news is retail gas prices continue to drop and are forecast to …

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Patch Poll: Is it Thumbs Up or Thumbs Down for Economy?

What do the numbers mean to you?

The economy added about 120,000 jobs in March. The jobless rate ticked down a percentage point to 8.2. Gas prices appear to have peaked and are coming down. These signs could be interpreted that the economy is improving. However, some of these numbers come with a “But … .” The Labor Department reported that employers added 120,000 jobs to their payrolls last month, but well below economists’ forecasts for a 203,000 gain. The unemployment rate fell, but experts said it was largely due to discouraged job hunters giving up the search for work. And, gas prices. They may have peaked, but will they rise again during the high-demand summer months? What do you think?

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Where are the Lowest Gas Prices in Our Area?

Find out the lowest gas prices and the latest traffic information here on Lake Zurich Patch!