Gas Prices on the Rise Due to Unrest in Middle East

By: Clare Kaley Email
By: Clare Kaley Email

The situation in Iraq is impacting how much you pay at the pump. 14 states, including Wisconsin are seeing gas prices at a 15-month-high.

People at the pump are feeling some sticker shock.

"The gas prices are way too high," Mary Joswick said.

And many of you probably agree. But the recent spike in gas prices here in Wisconsin is similar to the increase in prices we saw last summer. In fact, they're the highest our state has seen in 15 months.

"The turmoil that we're seeing in Iraq, the destabilization of the situation we're seeing in Iraq," Nick Jarmusz, the Director of Public Affiars for AAA Wisconsin, "its having the same effect that the situation in Syria had last summer."

So why are events more than 6,000 miles away from the badger state impacting what we pay to fill up our tanks?

"People are concerned about the flow of oil coming out of the Middle East and that's driving the price per barrell up on the market," Jarmusz said, "which is then trickling down to the price we pay at the gas pump."

That means for now, many are trying to pinch pennies wherever you can.

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