National

News > National > Report: Iraqi Strife Could Bring Back 2008 Oil Prices

Report: Iraqi Strife Could Bring Back 2008 Oil Prices

(Undated) -- The escalating crisis in Iraq might send gas prices to highs not seen since 2008. Valerie Vinyard with Triple-A Arizona says so far, we haven't seen much of an impact.
A recent report released by Securing America's Future Energy says the loss of one third of total Iraqi oil production, coupled with rising demand, could result in an oil price increase of 40 dollars per barrel. The national average for regular gas rose to an all-time high in July of 2008, when it hit four-eleven a gallon.

Valerie Vinyard with Triple- A Arizona says so far, the crisis in Iraq hasn't impacted gas prices in the U.S. Play Clip

National

Attorney General Eric Holder (image courtesy of Department of Justice) Same sex marriages that took place in...
(Sacramento, CA) -- Federal investigators say an air tanker may have struck a tree before it crashed in Yosemite...
(Salt Lake City, UT) -- Two state legislators could introduce a bill that would end daylight saving time in Utah...
(Washington, DC) -- White House spokesman Josh Earnest says all relevant government resources are being used to...
(Undated) -- The CDC is looking at putting the 76 Texas Health Presbyterian Hospital Dallas workers who treated...