Libya unrest causing gas prices to jump up - KAIT Jonesboro, AR - Region 8 News, weather, sports

Libya unrest causing gas prices to jump up

NEW YORK (KAIT) - Despite the biggest increase in gas prices in two years, the price of a gallon of gas continues to rise as sanctions are being given to Libya.

Oil production in the nation have decreased by half since the violence began and it looks like other nations are unwilling to make up the difference in production.

The effects have his American consumers and drivers hard as the national average price for a gallon of gas is now $3.38 per gallon.

For more on this story, click here.  

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