Planning Your Triathlon Day
Saturday, June 13, 2009
Honoring Illinois' Fallen
The American flag has flown as half staff the past three days on Illinois facilities and some others. In fact this has happened irregularly since 2005. It's called "Honoring Illinois' Fallen" but hasn't been much publicized.
By gubernatorial proclamation when an Illinois soldier (or peace officer) dies in action the flag is flown lowered for the three days to and including his funeral. For the past three days they honored Sgt. Justin Duffy who was buried in his native Moline Friday.
Duffy, 31, was killed in Baghdad Tuesday when an IED (homemade mine) blew up the Humvee he was driving on patrol. Three other soldiers were injured in the blast.
Both the Lake in the Hills and Huntley American Legion confirm that although there have been casualties, no local soldiers have been killed in action in Iraq and Afghanistan. (A Lake in the Hills National Guardsman died of non-combat injuries in Afghanistan May 10.)
Duffy's friends in his hometown of Cozad, NE, told the local newspaper he was a good man.
The death of Justin Duffy was why the flags flew at half staff. This time.
Police Blotter
The filing of charges is not proof of guilt. A defendant charged is presumed innocent and is entitled to a fair trial in which it is the state’s burden to prove his or her guilt beyond a reasonable doubt.
Algonquin--
--June 12, 2009
05:50am Lopez, Eric DOB: 07/07/79 of 2854 Ridge Avenue, Waukegan, was charged with DWLS. He was taken into custody at W. Algonquin Road and Meyer Drive. He was released after posting $100, with a court date of 07/22/09, in McHenry County.
--June 11, 2009
10:56am A fourteen-year-old male from Carpentersville was charged with Possession of a Controlled Substance. He was taken into custody at Westfield Elementary School, 2100 Sleepy Hollow Road. He was formally Petitioned into Juvenile Court and then released into the custody of his mother.
--June 10, 2009
00:31am McCarthy, Patrick C. DOB: 05/12/90 of 321 S. Hubbard Street, Algonquin, was charged with Retail Theft and Possession of Alcohol by a Minor. He was taken into custody in the 100 block of North Randall Road. He was released after posting $100, with a court date of 07/15/09, in McHenry County.
18:09pm A fourteen-year-old male from Lake in the Hills was charged with Retail Theft. He was taken into custody at Meijer’s, 400 S. Randall Road. He was released on a Notice to Appear, with a court date of 07/29/09, in Algonquin.
--June 9, 2009
18:05pm Marsala, Rosanne DOB: 01/07/57 of 5 Sparrow Road, Carpentersville, was charged with DUI and Improper Lane Usage. She was taken into custody at Route 62 and Eastgate. She was released after posting $100 and her Illinois Driver’s License, with a court date of 07/22/09, in McHenry County.
20:43pm Hernandez, Tracy L. DOB: 11/18/69 of 2021 Ridgefield Lane, Algonquin, was charged with Domestic Battery. She was taken into custody at the Algonquin Police Department. She was transported to Kane County Jail, to await a bond hearing.
--June 8, 2009
17:55pm Putz, Richard J. DOB: 05/25/52 of 707 Webster Drive, Algonquin, was charged with Domestic Battery. He was taken into custody at 707 Webster. He was transported to McHenry County Jail, to await a bond hearing.
Lake in the Hills--
--June 11, 2009
1948 HRS 2700 BLOCK OF FAIRFAX LN. BURGLARY To MOTOR VEHICLE. Delayed from 060509. Digital camera and other items removed. PENDING INVESTIGATIONS.
1928 HRS 800 BLOCK OF WEDGEWOOD CRL. DOMESTIC. Mother vs Daughter. Verbal only. No priors.
1752 HRS 1200 BLOCK OF CHERRY ST. ASSIST AMBULANCE. Female, 16 years of age, passed out. No transport.
1615 HRS 400 BIG CLOUD PASS. ACCIDENT. Two vehicles. Property damage only.
1614 HRS 1000 BLOCK OF VIEWPOINT DR. LOST PROPERTY. Complainant lost his passport.
1521 HRS 2000 BLOCK OF LITCHFIELD CT. IDENTITY THEFT. Complainant’s identity was used in Indiana. TURNED OVER TO INDIANA
1517 HRS ALGONQUIN RD & HILLTOP DR. FOUND PROPERTY. Illinois License plate found. Entered into evidence.
1358 HRS RT 31 & THREE OAKS RD. OVERWEIGHT TRUCK. Citation issued. Fine paid.
1353 HRS 250 N RANDALL RD (COSTCO). ASSIST AMBULANCE. Female, 47 years of age, passed out. No transport.
1221 HRS 1300 BLOCK OF CUNAT COURT. ASSIST AMBULANCE. Female, 52 years of age, having difficulty breathing. Transported to Sherman Hospital.
1124 HRS 3800 BLOCK OF BLACKBERRY DR. CRIMINAL DEFACEMENT. Graffiti was found on a sidewalk.
1109 HRS 3800 BLOCK OF PEARTREE DR. CRIMINAL DEFACEMENT. Graffiti was found on a street sign.
1104 HRS RANDALL RD & ALGONQUIN RD. ACCIDENT. Two vehicles. Property damage only.
1059 HRS 3900 BLOCK OF THORNBERRY WAY. CRIMINAL DEFACEMENT. Graffiti was found on a manhole cover and stop sign.
1005 HRS 4200 BLOCK OF PEARTREE DR. CRIMINAL DEFACEMENT. Graffiti was found on a sidewalk.
--June 10, 2009
1535 HRS 800 BLOCK OF TARALON TR. CRIMINAL SEXUAL ABUSE. BYRNE, DAVIS T. M/W 17 YEARS OF AGE, 850 TARALON TRAIL, LAKE IN THE HILLS. CHARGES: Criminal Sexual Abuse. RELEASED ON BOND.
2345 HRS 1300 BLOCK OF WASHINGTON ST. DOMESTIC. Husband vs.wife. Four priors. BATTERY. FAIL TO FILE.
2133 HRS 300 BLOCK OF HARVEST GATE. DOMESTIC. Father vs. Daughter. Verbal only. Three priors. Daughter transported to St. Joseph’s Hospital for an evaluation.
1910 HRS FEATHERSTONE CT. AMBULANCE ASSIST. Female, 40 years of age, fell and injured her knee.
1531 HRS 300 BLOCK OF OAKLEAF RD. AMBULANCE ASSIST. Male, 61 years of age, with a rapid heart beat. Transported to St. Joseph’s Hospital.
1348 HRS 700 BLOCK OF JUNIPER LN. AMBULANCE ASSIST. Female, 40 years of age, shaking and feeling ill. No Transport.
0623 HRS 100 BLOCK OF VILLAGE CREEK DR. AMBULANCE ASSIST. Male, 88 years of age, having problems with heart. Transported to Sherman Hospital.
0027 HRS 101 N RANDALL (DOMINICKS). ASSIST OTHER AGENCY. Assisted Algonquin Police, with a retail theft. Subject in custody by Algonquin Police.
--June 9, 2009
0129 HRS HEAVENS GATE & STARWOOD PASS. ILLEGAL CONSUMPTION OF ALCOHOL BY MINOR. BEDZETI, KUSTRIM. M/W 17 YEARS OF AGE, 260 BRIDLE WOOD CIR, LAKE IN THE HILLS. CHARGES: Illegal Consumption of Alcohol by a Minor, Administratively Charged with Zero Tolerance, Loud Exhaust, No Tail Lights, Obstructed Windshield. RELEASED ON BOND. PECO, ANTHONY M. M/W 17 YEARS OF AGE, 5478 WHITMORE WAY LAKE IN THE HILLS. CHARGES: Illegal Consumption of Alcohol by a Minor. NOTICE TO APPEAR ISSUED. MORZOS, DANIEL THOMAS. M/W 18 YEARS OF AGE, 706 SAVANNAH LN CRYSTAL LAKE. CHARGES: Illegal Consumption of Alcohol by a Minor. NOTICE TO APPEAR ISSUED
1255 HRS 400 BLOCK OF WINSLOW WAY. DOMESTIC Daughter, 13 years of age vs. mother. Verbal only. Two priors. The 13 year old female was transported to Woodstock Memorial Hospital for an evaluation.
0931 HRS 10920 REED RD. (HANNAH MARTIN) INFO FOR POLICE. An anonymous letter was found.
0726 HRS 4000 BLOCK OF LARKSPUR LN. BURGLARY FROM A MOTOR VEHICLE. cellular telephone was taken from a vehicle.
2041 HRS 2900 BLOCK OF IMPRESSIONS DR. FOUND PROPERTY. Car key.
--June 8, 2009
0034 HRS 100 BLOCK OF VILLAGE CREEK DR. DOMESTIC/UNLAWFUL CONSUMPTION OF ALCOHOL. Ex-Boyfriend vs. ex-girlfriend. UNFOUNDED. MCGHEE, BRITTANY J. F/W 19 YEARS OF AGE, 113 VILLAGE CREEK RD, LAKE IN THE HILLS. CHARGES: Unlawful Consumption of Alcohol by a Minor. NOTICE TO APPEAR ISSUED.
1501 HRS 3200 BLOCK OF BANBURY LN. UNLAWFUL USE OF A CREDIT CARD. Credit card used without owners consent. TURNED OVER TO INVESTIGATIONS
1343 HRS 250 N RANDALL RD. (COSTCO) ACCIDENT. Two vehicles. Property damage only.
1158 HRS 108 N RANDALL RD. (MURRAY’S AUTO) AMBULANCE ASSIST. Male, 19 years of age, having seizure. No transport.
1129 HRS 2700 BLOCK OF FAIRFAX LN. BURGLARY FROM MOTOR VEHICLE. Delayed from 060509. GPS unit, cell phone, and sunglasses taken from unlocked vehicle. TURNED OVER TO INVESTIGATIONS
0853 HRS 1299 PYOTT RD. (PYOTT RD BRIDGE) CRIMINAL DEFACEMENT. Graffiti found in tunnel.
0242 HRS 300 BLOCK OF ANNANDALE DR. AMBULANCE ASSIST. Female, 40 years of age, having seizure.No transport.
Huntley--
Reports were unavailable at posting time.
The filing of charges is not proof of guilt. A defendant charged is presumed innocent and is entitled to a fair trial in which it is the state’s burden to prove his or her guilt beyond a reasonable doubt.
Algonquin--
--June 12, 2009
05:50am Lopez, Eric DOB: 07/07/79 of 2854 Ridge Avenue, Waukegan, was charged with DWLS. He was taken into custody at W. Algonquin Road and Meyer Drive. He was released after posting $100, with a court date of 07/22/09, in McHenry County.
--June 11, 2009
10:56am A fourteen-year-old male from Carpentersville was charged with Possession of a Controlled Substance. He was taken into custody at Westfield Elementary School, 2100 Sleepy Hollow Road. He was formally Petitioned into Juvenile Court and then released into the custody of his mother.
--June 10, 2009
00:31am McCarthy, Patrick C. DOB: 05/12/90 of 321 S. Hubbard Street, Algonquin, was charged with Retail Theft and Possession of Alcohol by a Minor. He was taken into custody in the 100 block of North Randall Road. He was released after posting $100, with a court date of 07/15/09, in McHenry County.
18:09pm A fourteen-year-old male from Lake in the Hills was charged with Retail Theft. He was taken into custody at Meijer’s, 400 S. Randall Road. He was released on a Notice to Appear, with a court date of 07/29/09, in Algonquin.
--June 9, 2009
18:05pm Marsala, Rosanne DOB: 01/07/57 of 5 Sparrow Road, Carpentersville, was charged with DUI and Improper Lane Usage. She was taken into custody at Route 62 and Eastgate. She was released after posting $100 and her Illinois Driver’s License, with a court date of 07/22/09, in McHenry County.
20:43pm Hernandez, Tracy L. DOB: 11/18/69 of 2021 Ridgefield Lane, Algonquin, was charged with Domestic Battery. She was taken into custody at the Algonquin Police Department. She was transported to Kane County Jail, to await a bond hearing.
--June 8, 2009
17:55pm Putz, Richard J. DOB: 05/25/52 of 707 Webster Drive, Algonquin, was charged with Domestic Battery. He was taken into custody at 707 Webster. He was transported to McHenry County Jail, to await a bond hearing.
Lake in the Hills--
--June 11, 2009
1948 HRS 2700 BLOCK OF FAIRFAX LN. BURGLARY To MOTOR VEHICLE. Delayed from 060509. Digital camera and other items removed. PENDING INVESTIGATIONS.
1928 HRS 800 BLOCK OF WEDGEWOOD CRL. DOMESTIC. Mother vs Daughter. Verbal only. No priors.
1752 HRS 1200 BLOCK OF CHERRY ST. ASSIST AMBULANCE. Female, 16 years of age, passed out. No transport.
1615 HRS 400 BIG CLOUD PASS. ACCIDENT. Two vehicles. Property damage only.
1614 HRS 1000 BLOCK OF VIEWPOINT DR. LOST PROPERTY. Complainant lost his passport.
1521 HRS 2000 BLOCK OF LITCHFIELD CT. IDENTITY THEFT. Complainant’s identity was used in Indiana. TURNED OVER TO INDIANA
1517 HRS ALGONQUIN RD & HILLTOP DR. FOUND PROPERTY. Illinois License plate found. Entered into evidence.
1358 HRS RT 31 & THREE OAKS RD. OVERWEIGHT TRUCK. Citation issued. Fine paid.
1353 HRS 250 N RANDALL RD (COSTCO). ASSIST AMBULANCE. Female, 47 years of age, passed out. No transport.
1221 HRS 1300 BLOCK OF CUNAT COURT. ASSIST AMBULANCE. Female, 52 years of age, having difficulty breathing. Transported to Sherman Hospital.
1124 HRS 3800 BLOCK OF BLACKBERRY DR. CRIMINAL DEFACEMENT. Graffiti was found on a sidewalk.
1109 HRS 3800 BLOCK OF PEARTREE DR. CRIMINAL DEFACEMENT. Graffiti was found on a street sign.
1104 HRS RANDALL RD & ALGONQUIN RD. ACCIDENT. Two vehicles. Property damage only.
1059 HRS 3900 BLOCK OF THORNBERRY WAY. CRIMINAL DEFACEMENT. Graffiti was found on a manhole cover and stop sign.
1005 HRS 4200 BLOCK OF PEARTREE DR. CRIMINAL DEFACEMENT. Graffiti was found on a sidewalk.
--June 10, 2009
1535 HRS 800 BLOCK OF TARALON TR. CRIMINAL SEXUAL ABUSE. BYRNE, DAVIS T. M/W 17 YEARS OF AGE, 850 TARALON TRAIL, LAKE IN THE HILLS. CHARGES: Criminal Sexual Abuse. RELEASED ON BOND.
2345 HRS 1300 BLOCK OF WASHINGTON ST. DOMESTIC. Husband vs.wife. Four priors. BATTERY. FAIL TO FILE.
2133 HRS 300 BLOCK OF HARVEST GATE. DOMESTIC. Father vs. Daughter. Verbal only. Three priors. Daughter transported to St. Joseph’s Hospital for an evaluation.
1910 HRS FEATHERSTONE CT. AMBULANCE ASSIST. Female, 40 years of age, fell and injured her knee.
1531 HRS 300 BLOCK OF OAKLEAF RD. AMBULANCE ASSIST. Male, 61 years of age, with a rapid heart beat. Transported to St. Joseph’s Hospital.
1348 HRS 700 BLOCK OF JUNIPER LN. AMBULANCE ASSIST. Female, 40 years of age, shaking and feeling ill. No Transport.
0623 HRS 100 BLOCK OF VILLAGE CREEK DR. AMBULANCE ASSIST. Male, 88 years of age, having problems with heart. Transported to Sherman Hospital.
0027 HRS 101 N RANDALL (DOMINICKS). ASSIST OTHER AGENCY. Assisted Algonquin Police, with a retail theft. Subject in custody by Algonquin Police.
--June 9, 2009
0129 HRS HEAVENS GATE & STARWOOD PASS. ILLEGAL CONSUMPTION OF ALCOHOL BY MINOR. BEDZETI, KUSTRIM. M/W 17 YEARS OF AGE, 260 BRIDLE WOOD CIR, LAKE IN THE HILLS. CHARGES: Illegal Consumption of Alcohol by a Minor, Administratively Charged with Zero Tolerance, Loud Exhaust, No Tail Lights, Obstructed Windshield. RELEASED ON BOND. PECO, ANTHONY M. M/W 17 YEARS OF AGE, 5478 WHITMORE WAY LAKE IN THE HILLS. CHARGES: Illegal Consumption of Alcohol by a Minor. NOTICE TO APPEAR ISSUED. MORZOS, DANIEL THOMAS. M/W 18 YEARS OF AGE, 706 SAVANNAH LN CRYSTAL LAKE. CHARGES: Illegal Consumption of Alcohol by a Minor. NOTICE TO APPEAR ISSUED
1255 HRS 400 BLOCK OF WINSLOW WAY. DOMESTIC Daughter, 13 years of age vs. mother. Verbal only. Two priors. The 13 year old female was transported to Woodstock Memorial Hospital for an evaluation.
0931 HRS 10920 REED RD. (HANNAH MARTIN) INFO FOR POLICE. An anonymous letter was found.
0726 HRS 4000 BLOCK OF LARKSPUR LN. BURGLARY FROM A MOTOR VEHICLE. cellular telephone was taken from a vehicle.
2041 HRS 2900 BLOCK OF IMPRESSIONS DR. FOUND PROPERTY. Car key.
--June 8, 2009
0034 HRS 100 BLOCK OF VILLAGE CREEK DR. DOMESTIC/UNLAWFUL CONSUMPTION OF ALCOHOL. Ex-Boyfriend vs. ex-girlfriend. UNFOUNDED. MCGHEE, BRITTANY J. F/W 19 YEARS OF AGE, 113 VILLAGE CREEK RD, LAKE IN THE HILLS. CHARGES: Unlawful Consumption of Alcohol by a Minor. NOTICE TO APPEAR ISSUED.
1501 HRS 3200 BLOCK OF BANBURY LN. UNLAWFUL USE OF A CREDIT CARD. Credit card used without owners consent. TURNED OVER TO INVESTIGATIONS
1343 HRS 250 N RANDALL RD. (COSTCO) ACCIDENT. Two vehicles. Property damage only.
1158 HRS 108 N RANDALL RD. (MURRAY’S AUTO) AMBULANCE ASSIST. Male, 19 years of age, having seizure. No transport.
1129 HRS 2700 BLOCK OF FAIRFAX LN. BURGLARY FROM MOTOR VEHICLE. Delayed from 060509. GPS unit, cell phone, and sunglasses taken from unlocked vehicle. TURNED OVER TO INVESTIGATIONS
0853 HRS 1299 PYOTT RD. (PYOTT RD BRIDGE) CRIMINAL DEFACEMENT. Graffiti found in tunnel.
0242 HRS 300 BLOCK OF ANNANDALE DR. AMBULANCE ASSIST. Female, 40 years of age, having seizure.No transport.
Huntley--
Reports were unavailable at posting time.
Friday, June 12, 2009
LITH Readies For Triathlon
In the pic: Summer workers Ben Conover and Alec Uidl helped Lake in the Hills Public Works' Tyler Eckman install one of a truckload of fence panels in Ken Carpenter Park Thursday creating the staging area for Sunday's Triathlon. Three Hundred fifty entrants are scheduled for the combined half-mile swim, fifteen-mile bike race and four-mile run.
In the pic: Summer workers Ben Conover and Alec Uidl helped Lake in the Hills Public Works' Tyler Eckman install one of a truckload of fence panels in Ken Carpenter Park Thursday creating the staging area for Sunday's Triathlon. Three Hundred fifty entrants are scheduled for the combined half-mile swim, fifteen-mile bike race and four-mile run.
New Huntley Parking, Trucking Bans
Huntley trustees Thursday voted to end on-street parking on the east side of Hunter Trail from Faiths Way north to Savannah Lane. Huntley police recommended the change saying that a crush of vehicles parked on both sides of the street periodically reduced the thoroughfare to a one-lane track. The change will take effect as soon as new parking signs, now on order, can be erected.
Trustees also voted to banish heavy trucks on Haligus Road from Huntley-Dundee Road to Kreutzer Road. Police said increasing traffic from the heavy haulers posed a safety threat and did the road itself no good.
Huntley trustees Thursday voted to end on-street parking on the east side of Hunter Trail from Faiths Way north to Savannah Lane. Huntley police recommended the change saying that a crush of vehicles parked on both sides of the street periodically reduced the thoroughfare to a one-lane track. The change will take effect as soon as new parking signs, now on order, can be erected.
Trustees also voted to banish heavy trucks on Haligus Road from Huntley-Dundee Road to Kreutzer Road. Police said increasing traffic from the heavy haulers posed a safety threat and did the road itself no good.
Garage Sales
The following garage sales are scheduled this weekend:
Lake in the Hills--
--Friday, June 12
1153 HEARTLAND GATE
2901 MELBOURNE LN
319 POCAHANTAS
321 POCAHANTAS
511 WINDERMERE WAY
2691 CADBURY CIR 10:00 AM - 2:00 PM
4530 HERON DR 10:00 AM - 4:00 PM
4860 BORDEAUX DR 7:00 AM - 3:00 PM
4605 BARHARBOR DR 7:00 AM - 4:00 PM
131 NORTHLIGHT PASSE 7:00 AM - 5:00 PM
2720 FAIRFAX LN 8:00 AM - 3:00 PM
4921 PRINCETON LN 8:00 AM - 3:00 PM
5449 WHITMORE WAY 8:00 AM - 3:00 PM
153 NORTHLIGHT PASSE 8:00 AM - 4:00 PM
20 WALNUT DR 8:00 AM - 4:00 PM
280 STEEPLECHASE WAY 8:00 AM - 4:00 PM
311 CLEAR SKY TR 8:00 AM - 4:00 PM
316 POCHANTAS TR 8:00 AM - 4:00 PM
3711 CHADWICK LN 8:00 AM - 4:00 PM
3823 SONOMA CIR 8:00 AM - 4:00 PM
609 ANDERSON DR 8:00 AM - 4:00 PM
830 MAYBERRY CT 8:00 AM - 4:00 PM
115 POLARIS DR 8:00 AM - 5:00 PM
116 POLARS DR 8:00 AM - 5:00 PM
201 ACORN LN 8:00 AM - 5:00 PM
1190 HEARTLAND GATE 8:00 AM - 6:00 PM
1182 SWEETWATER RIDGE 8:30 AM - 4:00 PM
1176 SWEETWATER RIDGE 8:30 AM - 4:30 PM
2560 CADBURY CIR 8:30 AM - 5:00 PM
1 LINCOLN ST 9:00 AM - 3:00 PM
1180 HEARTLAND GATE 9:00 AM - 3:00 PM
2570 CADBURY CIR 9:00 AM - 3:00 PM
2751 FAIRFAX LN 9:00 AM - 3:00 PM
4220 PEARTREE DR 9:00 AM - 3:00 PM
4340 GREENFIELD LN 9:00 AM - 3:00 PM
4350 GREENFIELD LN 9:00 AM - 3:00 PM
5080 PRINCETON LN 9:00 AM - 3:00 PM
5353 DANBURY CIR 9:00 AM - 3:00 PM
7 GENEVA CT 9:00 AM - 3:00 PM
25 ROOSEVELT RD 9:00 AM - 3:30 PM
1167 MOONSTONE RUN 9:00 AM - 4:00 PM
12 JUNIPER CT 9:00 AM - 4:00 PM
183 NORTHLIGHT PASSE 9:00 AM - 4:00 PM
203 CRYSTAL LAKE RD 9:00 AM - 4:00 PM
2770 BRISBANE DR 9:00 AM - 4:00 PM
604 LORREE LN 9:00 AM - 4:00 PM
924 MESA DR 9:00 AM - 4:00 PM
119 POLARIS DR 9:00 AM - 5:00 PM
1422 WASHINGTON ST 9:00 AM - 5:00 PM
20 DOGWOOD CT 9:00 AM - 5:00 PM
356 HIAWATHA DR 9:00 AM - 5:00 PM
423 PRIDES RUN 9:00 AM - 5:00 PM
451 WRIGHT DR 9:00 AM - 5:00 PM
5381 CHANCERY WAY 9:00 AM - 5:00 PM
822 SHAWNEE TR 9:00 AM - 6:00 PM
2883 IMPRESSIONS DR 9:00 AM - 7:00 PM
309 CLEAR SKY TR 9:30 AM - 2:30 PM
--Saturday, June 13
1153 HEARTLAND GATE
319 POCAHANTAS
321 POCAHANTAS
511 WINDERMERE WAY
2691 CADBURY CIR 10:00 AM - 2:00 PM
4530 HERON DR 10:00 AM - 4:00 PM
4605 BARHARBOR DR 7:00 AM - 4:00 PM
131 NORTHLIGHT PASSE 7:00 AM - 5:00 PM
2720 FAIRFAX LN 8:00 AM - 3:00 PM
4921 PRINCETON LN 8:00 AM - 3:00 PM
5449 WHITMORE WAY 8:00 AM - 3:00 PM
153 NORTHLIGHT PASSE 8:00 AM - 4:00 PM
20 WALNUT DR 8:00 AM - 4:00 PM
280 STEEPLECHASE WAY 8:00 AM - 4:00 PM
316 POCHANTAS TR 8:00 AM - 4:00 PM
3711 CHADWICK LN 8:00 AM - 4:00 PM
3823 SONOMA CIR 8:00 AM - 4:00 PM
609 ANDERSON DR 8:00 AM - 4:00 PM
830 MAYBERRY CT 8:00 AM - 4:00 PM
2570 CADBURY CIR 9:00 AM - 3:00 PM
2751 FAIRFAX LN 9:00 AM - 3:00 PM
356 HIAWATHA DR 9:00 AM - 3:00 PM
4220 PEARTREE DR 9:00 AM - 3:00 PM
4340 GREENFIELD LN 9:00 AM - 3:00 PM
4350 GREENFIELD LN 9:00 AM - 3:00 PM
5080 PRINCETON LN 9:00 AM - 3:00 PM
5353 DANBURY CIR 9:00 AM - 3:00 PM
7 GENEVA CT 9:00 AM - 3:00 PM
25 ROOSEVELT RD 9:00 AM - 3:30 PM
1167 MOONSTONE RUN 9:00 AM - 4:00 PM
12 JUNIPER CT 9:00 AM - 4:00 PM
183 NORTHLIGHT PASSE 9:00 AM - 4:00 PM
203 CRYSTAL LAKE RD 9:00 AM - 4:00 PM
2770 BRISBANE DR 9:00 AM - 4:00 PM
813 WILLOW ST 9:00 AM - 4:00 PM
814 WILLOW ST 9:00 AM - 4:00 PM8
22 SHAWNEE TR 9:00 AM - 4:00 PM
924 MESA DR 9:00 AM - 4:00 PM
119 POLARIS DR 9:00 AM - 5:00 PM
115 POLARIS DR 8:00 AM - 5:00 PM
116 POLARS DR 8:00 AM - 5:00 PM
1190 HEARTLAND GATE 8:00 AM - 6:00 PM
1182 SWEETWATER RIDGE 8:30 AM - 4:00 PM
1176 SWEETWATER RIDGE 8:30 AM - 4:30 PM
2560 CADBURY CIR 8:30 AM - 5:00 PM
2883 IMPRESSIONS DR 9:00 AM - 12:00 PM
1 LINCOLN ST 9:00 AM - 3:00 PM
107 NORTHLIGHT PASSE 9:00 AM - 3:00 PM
1180 HEARTLAND GATE 9:00 AM - 3:00 PM
1422 WASHINGTON ST 9:00 AM - 5:00 PM
20 DOGWOOD CT 9:00 AM - 5:00 PM
423 PRIDES RUN 9:00 AM - 5:00 PM
451 WRIGHT DR 9:00 AM - 5:00 PM
5381 CHANCERY WAY 9:00 AM - 5:00 PM
--Sunday, June 14
1153 HEARTLAND GATE
20 DOGWOOD CT 10:00 AM - 2:00 PM
1110 POPLAR ST 10:00 AM - 3:00 PM
131 NORTHLIGHT PASSE 7:00 AM - 5:00 PM
1190 HEARTLAND GATE 8:00 am - 12:00 pm
153 NORTHLIGHT PASSE 8:00 AM - 4:00 PM
20 WALNUT DR 8:00 AM - 4:00 PM
115 POLARIS DR 8:00 AM - 5:00 PM
116 POLARIS DR 8:00 AM - 5:00 PM
1180 HEARTLAND GATE 9:00 AM - 3:00 PM
2570 CADBURY CIR 9:00 AM - 3:00 PM
813 WILLOW ST 9:00 AM - 4:00 PM
814 WILLOW ST 9:00 AM - 4:00 PM
423 PRIDES RUN 9:00 AM - 5:00 PM
Algonquin--
Saturday, June 13
8 CENTER ST 9 :00AM – 4:00 PM
Lake in the Hills--
Although Algonquin and LITH regulate garage sales they do not require a permit. The First Electronic Newspaper will list garage sales in these villages at no charge. Send village, address, date(s) and time(s) to: garagesales@firstelectricnewspaper.com
The following garage sales are scheduled this weekend:
Lake in the Hills--
--Friday, June 12
1153 HEARTLAND GATE
2901 MELBOURNE LN
319 POCAHANTAS
321 POCAHANTAS
511 WINDERMERE WAY
2691 CADBURY CIR 10:00 AM - 2:00 PM
4530 HERON DR 10:00 AM - 4:00 PM
4860 BORDEAUX DR 7:00 AM - 3:00 PM
4605 BARHARBOR DR 7:00 AM - 4:00 PM
131 NORTHLIGHT PASSE 7:00 AM - 5:00 PM
2720 FAIRFAX LN 8:00 AM - 3:00 PM
4921 PRINCETON LN 8:00 AM - 3:00 PM
5449 WHITMORE WAY 8:00 AM - 3:00 PM
153 NORTHLIGHT PASSE 8:00 AM - 4:00 PM
20 WALNUT DR 8:00 AM - 4:00 PM
280 STEEPLECHASE WAY 8:00 AM - 4:00 PM
311 CLEAR SKY TR 8:00 AM - 4:00 PM
316 POCHANTAS TR 8:00 AM - 4:00 PM
3711 CHADWICK LN 8:00 AM - 4:00 PM
3823 SONOMA CIR 8:00 AM - 4:00 PM
609 ANDERSON DR 8:00 AM - 4:00 PM
830 MAYBERRY CT 8:00 AM - 4:00 PM
115 POLARIS DR 8:00 AM - 5:00 PM
116 POLARS DR 8:00 AM - 5:00 PM
201 ACORN LN 8:00 AM - 5:00 PM
1190 HEARTLAND GATE 8:00 AM - 6:00 PM
1182 SWEETWATER RIDGE 8:30 AM - 4:00 PM
1176 SWEETWATER RIDGE 8:30 AM - 4:30 PM
2560 CADBURY CIR 8:30 AM - 5:00 PM
1 LINCOLN ST 9:00 AM - 3:00 PM
1180 HEARTLAND GATE 9:00 AM - 3:00 PM
2570 CADBURY CIR 9:00 AM - 3:00 PM
2751 FAIRFAX LN 9:00 AM - 3:00 PM
4220 PEARTREE DR 9:00 AM - 3:00 PM
4340 GREENFIELD LN 9:00 AM - 3:00 PM
4350 GREENFIELD LN 9:00 AM - 3:00 PM
5080 PRINCETON LN 9:00 AM - 3:00 PM
5353 DANBURY CIR 9:00 AM - 3:00 PM
7 GENEVA CT 9:00 AM - 3:00 PM
25 ROOSEVELT RD 9:00 AM - 3:30 PM
1167 MOONSTONE RUN 9:00 AM - 4:00 PM
12 JUNIPER CT 9:00 AM - 4:00 PM
183 NORTHLIGHT PASSE 9:00 AM - 4:00 PM
203 CRYSTAL LAKE RD 9:00 AM - 4:00 PM
2770 BRISBANE DR 9:00 AM - 4:00 PM
604 LORREE LN 9:00 AM - 4:00 PM
924 MESA DR 9:00 AM - 4:00 PM
119 POLARIS DR 9:00 AM - 5:00 PM
1422 WASHINGTON ST 9:00 AM - 5:00 PM
20 DOGWOOD CT 9:00 AM - 5:00 PM
356 HIAWATHA DR 9:00 AM - 5:00 PM
423 PRIDES RUN 9:00 AM - 5:00 PM
451 WRIGHT DR 9:00 AM - 5:00 PM
5381 CHANCERY WAY 9:00 AM - 5:00 PM
822 SHAWNEE TR 9:00 AM - 6:00 PM
2883 IMPRESSIONS DR 9:00 AM - 7:00 PM
309 CLEAR SKY TR 9:30 AM - 2:30 PM
--Saturday, June 13
1153 HEARTLAND GATE
319 POCAHANTAS
321 POCAHANTAS
511 WINDERMERE WAY
2691 CADBURY CIR 10:00 AM - 2:00 PM
4530 HERON DR 10:00 AM - 4:00 PM
4605 BARHARBOR DR 7:00 AM - 4:00 PM
131 NORTHLIGHT PASSE 7:00 AM - 5:00 PM
2720 FAIRFAX LN 8:00 AM - 3:00 PM
4921 PRINCETON LN 8:00 AM - 3:00 PM
5449 WHITMORE WAY 8:00 AM - 3:00 PM
153 NORTHLIGHT PASSE 8:00 AM - 4:00 PM
20 WALNUT DR 8:00 AM - 4:00 PM
280 STEEPLECHASE WAY 8:00 AM - 4:00 PM
316 POCHANTAS TR 8:00 AM - 4:00 PM
3711 CHADWICK LN 8:00 AM - 4:00 PM
3823 SONOMA CIR 8:00 AM - 4:00 PM
609 ANDERSON DR 8:00 AM - 4:00 PM
830 MAYBERRY CT 8:00 AM - 4:00 PM
2570 CADBURY CIR 9:00 AM - 3:00 PM
2751 FAIRFAX LN 9:00 AM - 3:00 PM
356 HIAWATHA DR 9:00 AM - 3:00 PM
4220 PEARTREE DR 9:00 AM - 3:00 PM
4340 GREENFIELD LN 9:00 AM - 3:00 PM
4350 GREENFIELD LN 9:00 AM - 3:00 PM
5080 PRINCETON LN 9:00 AM - 3:00 PM
5353 DANBURY CIR 9:00 AM - 3:00 PM
7 GENEVA CT 9:00 AM - 3:00 PM
25 ROOSEVELT RD 9:00 AM - 3:30 PM
1167 MOONSTONE RUN 9:00 AM - 4:00 PM
12 JUNIPER CT 9:00 AM - 4:00 PM
183 NORTHLIGHT PASSE 9:00 AM - 4:00 PM
203 CRYSTAL LAKE RD 9:00 AM - 4:00 PM
2770 BRISBANE DR 9:00 AM - 4:00 PM
813 WILLOW ST 9:00 AM - 4:00 PM
814 WILLOW ST 9:00 AM - 4:00 PM8
22 SHAWNEE TR 9:00 AM - 4:00 PM
924 MESA DR 9:00 AM - 4:00 PM
119 POLARIS DR 9:00 AM - 5:00 PM
115 POLARIS DR 8:00 AM - 5:00 PM
116 POLARS DR 8:00 AM - 5:00 PM
1190 HEARTLAND GATE 8:00 AM - 6:00 PM
1182 SWEETWATER RIDGE 8:30 AM - 4:00 PM
1176 SWEETWATER RIDGE 8:30 AM - 4:30 PM
2560 CADBURY CIR 8:30 AM - 5:00 PM
2883 IMPRESSIONS DR 9:00 AM - 12:00 PM
1 LINCOLN ST 9:00 AM - 3:00 PM
107 NORTHLIGHT PASSE 9:00 AM - 3:00 PM
1180 HEARTLAND GATE 9:00 AM - 3:00 PM
1422 WASHINGTON ST 9:00 AM - 5:00 PM
20 DOGWOOD CT 9:00 AM - 5:00 PM
423 PRIDES RUN 9:00 AM - 5:00 PM
451 WRIGHT DR 9:00 AM - 5:00 PM
5381 CHANCERY WAY 9:00 AM - 5:00 PM
--Sunday, June 14
1153 HEARTLAND GATE
20 DOGWOOD CT 10:00 AM - 2:00 PM
1110 POPLAR ST 10:00 AM - 3:00 PM
131 NORTHLIGHT PASSE 7:00 AM - 5:00 PM
1190 HEARTLAND GATE 8:00 am - 12:00 pm
153 NORTHLIGHT PASSE 8:00 AM - 4:00 PM
20 WALNUT DR 8:00 AM - 4:00 PM
115 POLARIS DR 8:00 AM - 5:00 PM
116 POLARIS DR 8:00 AM - 5:00 PM
1180 HEARTLAND GATE 9:00 AM - 3:00 PM
2570 CADBURY CIR 9:00 AM - 3:00 PM
813 WILLOW ST 9:00 AM - 4:00 PM
814 WILLOW ST 9:00 AM - 4:00 PM
423 PRIDES RUN 9:00 AM - 5:00 PM
Algonquin--
Saturday, June 13
8 CENTER ST 9 :00AM – 4:00 PM
Lake in the Hills--
Although Algonquin and LITH regulate garage sales they do not require a permit. The First Electronic Newspaper will list garage sales in these villages at no charge. Send village, address, date(s) and time(s) to: garagesales@firstelectricnewspaper.com
Thursday, June 11, 2009
Everything Old is New AgainThe business and apartment building at 150 S. Main, Algonquin, isn't 120 years old. It just looks like it. Monday the building's owner won permission from the village's Historic Commission to make it look even more so.
The present building replaces an original built in the 1880's. That structure survived the "Big Fire" in 1895 but more than a century later fell victim to advanced age and weak foundations. Mike Marotta, a Roselle policeman, replicated the original in modern materials eight years ago but he's not happy with the result. Especially the vinyl siding.
"Look at that. See where it's bowed? That drives me crazy," said Marotta.
So Marotta asked the Historic Commission which rules on changes in the Historic Downtown District for permission to clad the building in sturdier and more textured fiber-cement siding.
"This seems to be an interesting new resource material for us," said Commissioner Marie Coleman.
"It'll be a good addition to the Steetscape," said Commissioner Phyllis Koeppel.
The commission likewise OK'ed some trim changes and upsizing the building's exterior bracketry for better proportion.
"I grew up in Chicago," said Marotta. "It seems like a dream to get this building for the price I got it for. I love this town. I love this street."
Marotta said he plans to spend his vacation this summer updating 150 S. Main to look older. "My wife thinks I'm crazy," he said. Then he smiled.
Relax Replaces Wickes
In hindsight the bankruptcy of the Wickes Furniture chain 15 months ago was part of the the start of the Great Recession. The opening two weeks ago of Relax Designer Furniture in Wickes' Algonquin Commons location might be part of the recovery.
Edgar Karpatz, store manager, said he's had his eye on Algonquin for five years. "When I wanted to take the place then the rent that people were asking was absurd." Now it isn't, Karpatz said. "We've got a nice space, a beautiful showroom all ready for furniture."
In contrast to regional chain Wickes, Relax Designer Furniture, based in Morton Grove, is a family-owned company that has grown in the past 11 years by constantly outgrowing wherever it's been located (previously Highland Park and Wilmette). The firm specializes in what Karpatz calls custom furniture manufactured primarily in Finland. "We have our floor samples. But each one you can have in 50 different colors of leather, 1000 different kinds of fabric in some models. It usually takes about 12 weeks."
For the moment Karpatz said his biggest problem is simply to let customers know the store has opened. "I'd like to have a bigger sign but I had to jump through hoops at the village to get the one I have now." The dinky "Now Open" banner on his storefront isn't much of an eye grabber for cars blasting by on Randall Road.
Even so, Karpatz said he's excited to have snagged the 45,000 square-foot location. "This was probably the best store (Wickes) had. It just failed because the rest of the corporation was doing badly."
Wednesday, June 10, 2009
Gazebo Quilters Show and Tell
In the pic: It took half as many Huntley Quilters to display this "Heifer Quilt" Tuesday as it did to make the huge bedcover. The quilt is made of cloth from Huntley First Congregational Church members castoffs and a lot of skill. It will be sold to purchase livestock for needy farm families, hence, the name "Heifer Quilt". From left to right: Joan Loregmine, Kae McQueen, Vi Williams and Violet Kelin.
LITH Fights Soaring Benefit Costs
Lake in the Hills trustees Tuesday considered a plan to temper a rise in the cost of village employee benefits.
Village Finance Director Pete Stefan told the Commitee of the Whole that without changes increased premiums for medical, dental, vision and life insurance would rise a stunning 21.3 percent. He said increasing employee contributions somewhat would lessen the increase to 15 percent and boosting employee copays could hold the increase to a mere 11.4 percent.
Stefan said the proposed changes would the village save about $91,000 on benefit costs that would still total $1.45 million.
Trustee Paul Mulcahy said, "I think this is a pretty equitable plan sharing costs with the employees." Trustees will take up the measure Thursday.
Lake in the Hills trustees Tuesday considered a plan to temper a rise in the cost of village employee benefits.
Village Finance Director Pete Stefan told the Commitee of the Whole that without changes increased premiums for medical, dental, vision and life insurance would rise a stunning 21.3 percent. He said increasing employee contributions somewhat would lessen the increase to 15 percent and boosting employee copays could hold the increase to a mere 11.4 percent.
Stefan said the proposed changes would the village save about $91,000 on benefit costs that would still total $1.45 million.
Trustee Paul Mulcahy said, "I think this is a pretty equitable plan sharing costs with the employees." Trustees will take up the measure Thursday.
Tuesday, June 9, 2009
Algonquin's Blasted Water Tower
Workers may begin sandblasting the outside of Algonquin's Hanson Road water tower today. That's what the pink showercap-looking affair atop the tower is all about. It's part of a containment system to keep blast media and old paint shot off the tower from covering the neighborhood in crud.
"It depends on the weather," said Chris Faust, painter for Jetco, Ltd., Prospect Heights. "We can't blast if it's too windy. It's too windy today," he said Monday, as scattered rain cells drifted through northern Illinois.
Even if exterior blasting can't be done today, painters will be working inside the tower to finish protecting the interior where the water is actually stored. "There's three coatings. We've put on the zinc primer and we're applying the intermediate coat now. Then there's a final coat we have to do," said Faust.
The painter explained that all of the coatings are two-part epoxy paints to resist the corrosive effect of the water in the tank. That means they can only be mixed in batches small enough to be sprayed within about two hours. If their "pot life" is exceeded the paint components react so much that the paint equipment begins to clog. "At the end of the day we have to wash it all out or the paint will set up inside it overnight."
Algonquin's Water and Utilities Division drained the Hanson Road tower in late April to allow the maintenance. Water for the area the tower normally serves is being drawn from other towers and standpipes in the village water system. Sometimes that has meant lower-than-normal water pressure for some residents. The area effected runs roughly from the tower north to Algonquin Road, east to Main St., west to Stonegate Drive and south to Edgewood Road.
Rain in May delayed work on the project but in his last report to village trustees Public Works Director Bob Mitchard said it was still possible the tower could be put back online in early July as originally planned.
In the pic: Jetco painters Chris Faust and Joshua Botello prepare a batch of epoxy paint to spray the inside of Algonquin's Hanson Road water tower.
Notes For a Book, Maybe
At the end of Week One of the First Electric Newspaper: Not as good as planned, not as bad as feared.
What you're reading here an experiment in journalism. It's either a new path for local newspapers or the stupidest idea in a lifetime of too many things that "seemed like a good idea at the time".
Newspapers are dying. The Trib and Sun-Times are both in bankruptcy. The strongest claim one of the regional newspapers could make recently was that it was "viable". In fact, the newspaper business has been dying for the past 50 years. Remember the Chicago American? Remember the Chicago Daily News? Heck, remember the Algonquin Township Life? (That's a story for another time.)
What's important is that the old paper-based news media have abandoned Algonquin, Lake in the Hills and Huntley. Eighty one thousand people in twenty eight thousand households aren't worth the trouble anymore.
Certainly there's still a need for local news. I'm guessing folks in Huntley would like to know about plans to put up a giant electric sign that flashes a new ad every 10 seconds 24 hours a day at Rt. 47 and Kreutzer Rd. Maybe Algonquin residents would be interested to know crumbling Hanson Road probably won't get repaved this year because Springfield bureaucrats didn't OK the money until it was probably too late to let a contract.
These aren't the sorts of stories that call for poring through bales of obscure documents and late-night garage meetings with secret informants. They do require reporters to sit in on a local board meeting now and again. That's been a rare event lately.
The other side of the coin (so to speak) is that local businesses have no economical way to advertise goods and services to local customers. A regional ad buy costs too much if all you really want is Algonquin, Lake in the Hills and Huntley but you have to pay for McHenry, Woodstock and St. Charles, too. Can a real local online newspaper (not, repeat NOT, a blog) solve these two problems? No one anywhere has ever tried it before so there's only one way to find out. This is it.
Check The First Electric Newspaper whenever you want and you'll find the last seven days of news in and for Algonquin, Lake in the Hills and Huntley. It's a weekly newspaper with news added daily. That's already a step ahead of the old technology. It's free, too, so the price is right.
Please tell your friends. Tell 'em all. Tell 'em often. (There's a handy email thingy just below in case you'd like to do it right now.)
--pete
Monday, June 8, 2009
Why Cops Are Called
"Flatfoot"
Dozens of police officers from Algonquin, Lake in the Hills and surrounding communities collectively ran an 18-mile course from Barrington to McHenry Sunday.
Dozens of police officers from Algonquin, Lake in the Hills and surrounding communities collectively ran an 18-mile course from Barrington to McHenry Sunday.
They were part of the Law Enforcement Torch Run to raise funds for the Illinois Special Olympics. Lake in the Hills Special Olympian James Williams ran one of "legs" or sections with them.
Each officer (and county deputy) had pledged to raise at least $100 to support the Special Olympics. Algonquin Public Information Officer and Run organizer Chris Filippini, dripping sweat and still trying to reach resting respiration, told Special Olympics supporters, "You think this run is all about us. We Think this is all about you."
In the pic: Filippini leads a group of cops at the end of the final five-mile leg into McHenry. That, even though Filippini's own leg isn't healed up from an injury on another run several months ago.
Tom and Huck's Excellent Adventure
in the pic: OK, so this isn't Tom Sawyer and Huck Finn. Rather it's Bobby Allen, foreground,and Adam Carmody, both 11, angling Sunday in the joint Huntley Jaycees and Park District fishing derby. Just short of 70 youngsters between 3 and 12 years old turned out to wet their lines.
Junior Polar Bears
In the pic: There was plenty of swimming room Sunday on the first day of the season at Algonquin's Armstrong Pool. Left to right, Sarah Yonamine, 7; Hanna Krispin, 7; McKenna Moss, 9, and Rachel Yonamine, 9, were pretty much the entire clientel at mid-afternoon. The warm jackets their parents were wearing might have had something to do with it.
Sunday, June 7, 2009
Art on the Fox Grows in Second Year
The Algonquin Public Arts Commission's "Art on the Fox" fine art show drew a considerable crowd to Riverfront Park Saturday morning. The show found thirty one exhibitors lining the path along the Fox River, more than double the number at the first event last year.
Algonquin Village Manager Bill Ganek ambling by in an ensemble worthy of Paul Gaugin in his Tahitian period (cargo shorts and a tastefully flamboyant shirt) said, "It just shows this is becoming a more popular event with people. They can come to see the art here and and enjoy the beautiful scenery along the river, too."
Ganek and Arts Commission member Ken Webster reminded each other the burgeoning of Algonquin's art show contrasts with the recent demise of similar events in Barrington and Dundee.
In the pic: Cody Griffiths discusses painting with artist and Arts Commission member Ken Webster. The 16 year-old Dundee-Crown student has ambitions to become an artist himself. "Maybe cartooning," he said.
Chill and Sprinkles for Huntley's Farmers Market
A mid-morning cold front with following showers slowed this year's initial Huntley Farmer's Market Saturday. Most vendors stayed to the scheduled close but many were packing even as they did so.
Call it the curse of the inaugural. Algonquin's first Farmer's Market suffered a similar fate last year with high winds to boot. Eleven vendors, two new this year, and more than half a dozen crafters had assembled at the square in hopes of a strong kickoff event.
Huntley's Farmer's Market (weather permitting) will appear every Saturday from 8 am to 12:30 pm at Coral Street and Around the Square. The first Saturday of each month will include craft vendors.
In the pic: Patricia Kiny of Toad U So, Lake Villa, stows her wares as cold drops begin to pelt.
Gasoline Prices May Peak--Or Not
by Pete Gonigam
Local motorists as they fill their tanks may idly hark back to times when gas was $2 a gallon. Back in the good old days. Back in March.
"It's a lot higher than before and I think it stinks," said Nancy O'Conor, Wonder Lake, filling her tank with $2.859 per gallon regular at the BP station on South Randall Road. "There's a lot of people who may not even be able to go on vacation this summer."
"It's getting warmer and people drive more in the Summer," said Keith Gilge, Algonquin.
"It's supply and demand," said Michael Rechkeymmer, Lake in the Hills. "The stock market's gone up and there's more demand from China and India."
Those are sophisticated answers. Consumers have learned a lot about gasoline and oil prices in the past year or so. Increasing summer demand, decreased oil supplies and moderating economic fears go a long way to explaining the leap in gasoline prices. Even so the past three months' 40 percent price rise has caught professionals flatfooted. AAA-Chicago Motor Club has had to revise its estimate of this year's top gasoline price twice this year and the most recent one's already outdated.
Industry analysts have been saying lately there may be something else at work. For a while now the spread between the price of oil today and the price of oil for future delivery has been remarkably wide. Wide enough for speculators to load up on inventory and make a handsome profit. Saturday's Wall Street Journal outlined the following example.
"On March 1, the cash price of (oil) was $40.15 a barrel while the 12-month forward contract sold for $50.26. Assume an investor bought the physical barrel borrowing 80 percent of the money..., sold it forward and paid 50 cents a month for storage. The resulting profit of $3.15 a barrel equates to a 39 percent return on investment."
However, buying oil now even though it won't really be used until next year increases current demand. That drives up current prices. The good news is analysts report that even after OPEC supply cuts. storage tanks around the world are brimming and the spread between the cost of oil today and oil next year has narrowed drastically. For instance, by WSJ's calculation anyone trying to profit from a buy and store strategy Friday was out of luck. "The return would be zero."
So the price of oil tomorrow may stop pulling up on the price of oil today. Unless the demand for oil tomorrow goes up some more. "Your mileage may vary," as the saying goes.
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