Wednesday, March 14, 2012

By road or by air, travel costs soaring

Airline tickets and automobile travel are costing more as oilprices continue to soar a week after Iraq invaded oil-rich Kuwait.

American Airlines and Midway Airlines announced Wednesday thatthey are raising their fares 10 percent because of higher oil prices.

Gasoline prices continued to go up, with the pump price climbing3.6 cents across the nation since Tuesday. That means local driversare paying 12 to 16 cents more a gallon than they were before theinvasion last Thursday.

The skyrocketing gas prices left the City Council promising aninvestigation, Mayor Daley threatening a lawsuit and consumersdigging deeper into their pocketbooks.

Air fares: …

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