Middle East conflict could affect local gas prices

YOUNGSTOWN, Ohio (WKBN) — Gas prices are going up.

“I don’t know what can you do about it,” Joe Balog of Struthers said. “There’s nothing we can do just sit back and watch what the government does.”

“You just got to deal with it i guess that’s what the world is coming to,” Marco Ramunno of Struthers said.

Currently the average cost for a gallon of regular unleaded gasoline is three dollars and 74 cents in the Youngstown-Warren area, and even though it’s about three cents cheaper than it was during this week last year, and 14 cents less than the state’s average – for folks filling up their cars at the pump – that price is still too high.

“They’re going up i think it’s pretty crazy,” Ramunno said. “Six years ago, gas was only two dollars a gallon and now it’s on it’s way to four dollars a gallon it’s you know getting pretty wild.”

“Getting too high if you ask me,” Balog said. “With the war in Iraq, prices are going up, fighting over resources. Hopefully one day it’ll go down but it doesn’t look like it’s going to happen any time soon.”

AAA Representatives say traditionally – gas prices are at a seasonal low during the fourth of July weekend – but with what’s going on overseas, it could be different for 2014.

“With oil prices rising based on the Iraq conflict, that might not be the case this year,” said AAA East Central Director of Public Affairs Theresa Thomas. “A lot will depend on what happens in the country over the next few days.”

If the cost of oil continues to rise, economists and analysts both say we could see prices at the pumps head north of four dollars a gallon. For more information from AAA on gas prices, click here.

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