Gas prices on the rise for the summer season - WSFA.com Montgomery Alabama news.

Gas prices on the rise for the summer season

MONTGOMERY, AL (WSFA) -

According to AAA, the unrest in Iraq is pushing U.S. gasoline prices to unusually high prices for this time of year. This increase comes during the height of the summer travel season.

The national average is $3.67 per gallon, which is the highest price for this time of year since 2008 when gas hit an all time high.

The energy markets get spooked any time there's uncertainty. The bad news is one of Iraq's biggest refinery has been attacked by ISIS forces. This is one big reason gas prices in this country are heading higher.

Oil analyst Patrick Dehann says, "The concern is that violence would threaten exports which is what's behind the increase in oil prices, and thus increase in gasoline prices."

Gasoline prices typically fall in the weeks between Memorial Day and the Forth of July. The good news is analyst don't expect prices to reach $4.00 per gallon as they did 6 years ago.

Here in Alabama the current average is $3.43 a gallon which is still below what we were paying one month ago- $3.50 a gallon.

Copyright 2014 wsfa 12 news.  all rights reserved.

 

  • NewsMore>>

  • Trump awards Medal of Honor to Navy SEAL in Afghan assault

    Trump awards Medal of Honor to Navy SEAL in Afghan assault

    Thursday, May 24 2018 3:12 PM EDT2018-05-24 19:12:14 GMT
    Friday, May 25 2018 1:25 AM EDT2018-05-25 05:25:35 GMT
    (AP Photo/Susan Walsh). President Donald Trump stands with Master Chief Special Warfare Operator Britt K. Slabinski during a ceremony to award him the Medal of Honor in the East Room of the White House in Washington, Thursday, May 24, 2018. Slabinski o...(AP Photo/Susan Walsh). President Donald Trump stands with Master Chief Special Warfare Operator Britt K. Slabinski during a ceremony to award him the Medal of Honor in the East Room of the White House in Washington, Thursday, May 24, 2018. Slabinski o...
    President Donald Trump has awarded the Medal of Honor to a Navy SEAL who oversaw a daring assault and rescue mission on a snowy Afghanistan mountaintop in 2002.More >>
    President Donald Trump has awarded the Medal of Honor to a Navy SEAL who oversaw a daring assault and rescue mission on a snowy Afghanistan mountaintop in 2002.More >>
  • Probe: Missile that downed MH17 came from Russia-based unit

    Probe: Missile that downed MH17 came from Russia-based unit

    Thursday, May 24 2018 5:32 AM EDT2018-05-24 09:32:04 GMT
    Friday, May 25 2018 1:25 AM EDT2018-05-25 05:25:11 GMT
    The passenger jet was headed from Amsterdam to Kuala Lumpur, Malaysia, when it was was blown out of the sky over eastern Ukraine on July 17, 2014. All 298 passengers and crew were killed. (Source: CNN)The passenger jet was headed from Amsterdam to Kuala Lumpur, Malaysia, when it was was blown out of the sky over eastern Ukraine on July 17, 2014. All 298 passengers and crew were killed. (Source: CNN)

    An international team of investigators say that detailed analysis of video images has established that the Buk missile that brought down Malaysia Airlines Flight 17 nearly four years ago came from a Russia-based...

    More >>

    An international team of investigators say that detailed analysis of video images has established that the Buk missile that brought down Malaysia Airlines Flight 17 nearly four years ago came from a Russia-based military unit.

    More >>
  • N. Korea demolishes nuclear test site as journalists watch

    N. Korea demolishes nuclear test site as journalists watch

    Thursday, May 24 2018 6:32 AM EDT2018-05-24 10:32:00 GMT
    Friday, May 25 2018 1:25 AM EDT2018-05-25 05:25:02 GMT
    Journalists took a long journey up to North Korea to witness the destruction of what North Korea said were nuclear sites. (Source: CNN)Journalists took a long journey up to North Korea to witness the destruction of what North Korea said were nuclear sites. (Source: CNN)

    North Korea has carried out what it says is the demolition of its nuclear test site in the presence of foreign journalists.

    More >>

    North Korea has carried out what it says is the demolition of its nuclear test site in the presence of foreign journalists.

    More >>
Powered by Frankly