AAA Chicago: June Gas Prices Down Significantly - Hmmm Could The Gulf Oil Bomb Have Anything to Do With This?

But First Snide's Remarks: You all know that I believe that the retail price of gasoline is controlled by Big Oil much like Debeers controls the price of diamonds. So after reading this release I thought you might like to see for yourself what happened to gasoline prices before and after the Memorial Day weekend 1991-2010. Here is a link to the data. CLICK HERE. Let me know what you think? msnide@theuatochannel.com

AURORA, Ill., June 14 -- In a definite about-face from past years, gas prices have dropped significantly during the month of June, giving consumers a break as the summer driving season commences. AAA Chicago's most recent Fuel Gauge Report estimates that in Illinois, regular unleaded gasoline has decreased 23 cents during the past month, forecasting an average cost of $2.82 per gallon for the month of June, which is $.03 lower per gallon than last year.

In northern Indiana, gas prices average $2.70, which is down 26 cents from May 2010 and down $.13 from June 2009.

"Over the past month, oil prices hit their lowest levels since March 2010," says Beth Mosher, AAA Chicago's spokesperson. "This has brought gas prices down, which consumers should welcome as summer driving season begins."

  --  In Cook County, Ill., self-serve regular unleaded gasoline averages
      $3.00, which is down $.22 from last month and $.02 lower than last
      year's price-per-gallon.
  --  In DuPage County, Ill., self-serve regular unleaded gasoline averages
      $2.88 per gallon, which is a 25-cent decrease from May and even with
      last year.
  --  In Kane County, Ill., self-serve regular unleaded gasoline averages
      $2.86 per gallon, which is 21 cents lower compared to last month and
      $.03 lower than June 2009's price.
  --  In Lake County, Ill., self-serve regular unleaded gasoline averages
      $2.83 per gallon, which is 23 cents lower than last month and down by
      $.03 compared to this time last year.
  --  In McHenry County, Ill., self-serve regular unleaded gasoline averages
      $2.84 per gallon, which is 26 cents lower than last month's average
      and $.05 lower than June 2009's price.
  --  In Will County, Ill., self-serve regular unleaded gasoline averages
      $2.83 per gallon, which is 22 cents lower compared to last month and
      $.05 lower compared to last year.
  --  In Champaign County, Ill., self-serve regular unleaded gasoline
      averages $2.73 per gallon, a decrease of 20 cents from May and a
      decrease of $.06 from last year.
  --  In McLean County, Ill., self-serve regular unleaded gasoline averages
      $2.71 per gallon, which is 19 cents lower than last month and $.05
      lower than last year.
  --  In Peoria County, Ill., self-serve regular unleaded gasoline averages
      $2.72 per gallon, which is down $.18 compared to last month and a $.06
      decrease from June 2009.
  --  In Sangamon County, Ill., self-serve regular unleaded gasoline
      averages $2.63 per gallon, which is 24 cents lower than last month and
      $.21 lower than last year.
  --  In Winnebago County, Ill., self-serve regular unleaded gasoline
      averages $2.68 per gallon, a decrease of 28 cents from May and a
      decrease of $.25 from June 2009.
  --  In Allen County, Ind., self-serve regular unleaded gasoline averages
      $2.66 per gallon, which is an decrease of 23 cents from last month and
      $.21 lower than June 2009's price.
  --  In Lake County, Ind., self-serve regular unleaded gasoline averages
      $2.70 per gallon, a 26-cent decrease from May's average and a $.13
      decrease from a year ago.
  --  In Porter County, Ind., self-serve regular unleaded gasoline averages
      $2.69 per gallon, which is 29 cents lower than last month and $.14
      lower than last year.
  --  In St. Joseph County, Ind., self-serve regular unleaded gasoline
      averages $2.64 per gallon, which is 25 cents lower compared to last
      month and $.19 lower compared to last year.

Fuel prices are posted on-line at www.fuelgaugereport.com, which updates prices daily for unleaded, diesel and E85 blends of fuel.