Illinois families are dealing with 40-year high inflation. Everywhere people turn, costs are skyrocketing on necessities like groceries and utilities, and also on extras like entertainment and restaurants. While household budgets are stretched beyond their limits, Illinoisans are also paying exorbitant prices at the gas pump, adding to existing financial pressures.
Over the last several months, the price of gas has surged to where it is now approaching $5 per gallon. Last April, motorists paid an average of just over $3 per gallon. Today it averages $4.53 per gallon. That’s almost a 50% increase in under a year. This spike doesn’t just devastate families, it also impacts businesses that are absorbing significant new delivery costs associated with moving products to market.
