Turmoil In Iraq Is Pushing Up US Gasoline Prices
Violence in Iraq is pushing U.S. gasoline prices higher, depriving drivers of the usual price break between Memorial Day and the Fourth of July. The national average price of $3.67 per gallon is the highest price for this time of year since 2008–the year gasoline hit its all-time high. The good news is, gasoline is unlikely to go over $4 a gallon as it did 6 years ago–or even cross $3.90 a gallon, as it did in 2011 and 2012.
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