Iraq turmoil could boost gas prices - KAIT-Jonesboro, AR-News, weather, sports

Iraq turmoil could boost gas prices

Posted: Updated:
If oil prices keep heading north analysts predict prices at the pumps could jump more than 20 cents in the next couple weeks. (Source: CNN) If oil prices keep heading north analysts predict prices at the pumps could jump more than 20 cents in the next couple weeks. (Source: CNN)
  • InternationalMore>>

  • Israel, Hamas battle over public opinion online

    Israel, Hamas battle over public opinion online

    Wednesday, July 23 2014 5:53 AM EDT2014-07-23 09:53:57 GMT
    Beyond the boom of Israeli airstrikes and the stream of rockets fired from Gaza, Israel and Hamas are also battling to control the message emanating from this latest Israeli-Palestinian conflagration.
    Beyond the boom of Israeli airstrikes and the stream of rockets fired from Gaza, Israel and Hamas are also battling to control the message emanating from this latest Israeli-Palestinian conflagration.
  • Bodies of Malaysia jet victims leave Ukraine

    Bodies of Malaysia jet victims leave Ukraine

    Wednesday, July 23 2014 5:33 AM EDT2014-07-23 09:33:51 GMT
    Ukraine is preparing a departure ceremony for the bodies of victims of the Malaysia Airlines disaster, which are being flown to the Netherlands.
    Two military aircraft carrying the first bodies of victims of the Malaysia Airlines crash left the embattled plains of eastern Ukraine Wednesday, bringing some consolation to grieving relatives who still must wait for...
  • John Kerry flies to Tel Aviv despite FAA ban

    John Kerry flies to Tel Aviv despite FAA ban

    Wednesday, July 23 2014 5:23 AM EDT2014-07-23 09:23:50 GMT
    U.S. Secretary of State John Kerry has flown into Israel's main airport despite a Federal Aviation Administration ban as he continues to push a cease-fire between Israel and Hamas.
    The top U.S. diplomat flew into Israel's main airport Wednesday despite a Federal Aviation Administration ban in an apparent sign of his determination to achieve a cease-fire agreement in the warring Gaza Strip despite...

(CNN) - The escalating conflict in Iraq could drive gas prices higher.

Militant Islamists have captured several major Iraqi cities and are trying to push into Baghdad.

As the violence increased on Thursday oil futures climbed to $106 a barrel.

That's a 2 percent increase and the highest level since last September.

If oil prices keep heading north analysts predict prices at the pumps could jump more than 20 cents in the next couple weeks.

The national average for gas is currently $3.65 a gallon.

Copyright 2014 CNN. All rights reserved.

  • Iraq turmoil could boost gas pricesMore>>

  • Iraq Crisis

    Iraq Crisis

    In stunningly quick fashion, the terrorist group ISIS has taken over multiple cities in Iraq. Since the U.S. troop withdrawal almost 2 1/2 years ago, the level of day-to-day violence Iraqis experience has increased.
    In stunningly quick fashion, the terrorist group ISIS has taken over multiple cities in Iraq. Since the U.S. troop withdrawal almost 2 1/2 years ago, the level of day-to-day violence Iraqis experience has increased.
Powered by WorldNow

472 Craighead Co. 766
Jonesboro, AR 72401
(870) 931-8888

FCC Public File
publicfile@kait8.com
(870) 336-1816
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and KAIT. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.