Iraq turmoil could boost gas prices - KSLA News 12 Shreveport, Louisiana News Weather & Sports

Iraq turmoil could boost gas prices

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)
  • National politicsNational politicsMore>>

  • House hopefuls draw on Trump's refusal to reveal tax returns

    House hopefuls draw on Trump's refusal to reveal tax returns

    Saturday, May 26 2018 11:53 AM EDT2018-05-26 15:53:46 GMT
    Sunday, May 27 2018 5:27 AM EDT2018-05-27 09:27:58 GMT
    (Dan Pelle/The Spokesman-Review via AP). In this May 6, 2018 photo, Democratic congressional candidate Lisa Brown, center, who is challenging U.S. Rep. Cathy McMorris Rodgers, R-Wash., greets walkers at the Lilac Bloomsday Run in Spokane, Wash. Preside...(Dan Pelle/The Spokesman-Review via AP). In this May 6, 2018 photo, Democratic congressional candidate Lisa Brown, center, who is challenging U.S. Rep. Cathy McMorris Rodgers, R-Wash., greets walkers at the Lilac Bloomsday Run in Spokane, Wash. Preside...
    House hopefuls releasing tax returns break with norms, capitalize on Trump's refusal to show his.More >>
    House hopefuls releasing tax returns break with norms, capitalize on Trump's refusal to show his.More >>
  • Man jailed in Venezuela for 2 years returns to US

    Man jailed in Venezuela for 2 years returns to US

    Sunday, May 27 2018 12:43 AM EDT2018-05-27 04:43:57 GMT
    Sunday, May 27 2018 5:27 AM EDT2018-05-27 09:27:51 GMT
    (AP Photo/Alex Brandon). President Donald Trump, right, talks as Joshua Holt, who was recently released from a prison in Venezuela, joins him in the Oval Office of the White House, Saturday, May 26, 2018, in Washington.(AP Photo/Alex Brandon). President Donald Trump, right, talks as Joshua Holt, who was recently released from a prison in Venezuela, joins him in the Oval Office of the White House, Saturday, May 26, 2018, in Washington.
    American who had been jailed in Venezuela for nearly two years has returned to the United States.More >>
    American who had been jailed in Venezuela for nearly two years has returned to the United States.More >>
  • Backchannel, 'Dracula' help free Utah man in Venezuela

    Backchannel, 'Dracula' help free Utah man in Venezuela

    Sunday, May 27 2018 12:34 AM EDT2018-05-27 04:34:06 GMT
    Sunday, May 27 2018 5:27 AM EDT2018-05-27 09:27:44 GMT
    (Holt family photo via AP). ADDS NAME OF DAUGHTER - In this image provided by the Holt family, Joshua Holt, his wife Thamara and her daughter Marian Leal, board a plane at the airport in Caracas, Venezuela, Saturday, May 26, 2018.  Jailed in Venezuela ...(Holt family photo via AP). ADDS NAME OF DAUGHTER - In this image provided by the Holt family, Joshua Holt, his wife Thamara and her daughter Marian Leal, board a plane at the airport in Caracas, Venezuela, Saturday, May 26, 2018. Jailed in Venezuela ...

    Authorities accused the 26-year-old of stockpiling an assault rifle and grenades and jailed him as a spy in 2016.

    More >>

    Authorities accused the 26-year-old of stockpiling an assault rifle and grenades and jailed him as a spy in 2016.

    More >>
  • InternationalMore>>

  • The Latest: Trump says Korea talks "going along very well'

    The Latest: Trump says Korea talks "going along very well'

    Saturday, May 26 2018 7:23 AM EDT2018-05-26 11:23:22 GMT
    Sunday, May 27 2018 5:27 AM EDT2018-05-27 09:27:36 GMT
    (AP Photo/Ahn Young-joon). Protesters hold candle lights during a rally to denounce the United States' policies against North Korea near the U.S. embassy in Seoul, South Korea, Friday, May 25, 2018. North Korea said Friday that it's still willing to si...(AP Photo/Ahn Young-joon). Protesters hold candle lights during a rally to denounce the United States' policies against North Korea near the U.S. embassy in Seoul, South Korea, Friday, May 25, 2018. North Korea said Friday that it's still willing to si...
    North Korean leader Kim Jong Un and South Korean President Moon Jae-in have met for the second time in a month to discuss peace commitments they reached in their first summit and Kim's potential meeting with...More >>
    North Korean leader Kim Jong Un and South Korean President Moon Jae-in have met for the second time in a month to discuss peace commitments they reached in their first summit and Kim's potential meeting with President Donald Trump.More >>
  • No longer driven by conflict, Colombians vote for president

    No longer driven by conflict, Colombians vote for president

    Sunday, May 27 2018 12:13 AM EDT2018-05-27 04:13:52 GMT
    Sunday, May 27 2018 5:27 AM EDT2018-05-27 09:27:03 GMT
    (AP Photos/Fernando Vergara, File). FILE - This combination of two file photos shows Colombian presidential candidates Gustavo Petro on April 23, 2014, left, and Ivan Duque on May 20, 2018, both in Bogota, Colombia. Colombian voters head to the polls S...(AP Photos/Fernando Vergara, File). FILE - This combination of two file photos shows Colombian presidential candidates Gustavo Petro on April 23, 2014, left, and Ivan Duque on May 20, 2018, both in Bogota, Colombia. Colombian voters head to the polls S...
    For decades, Colombia's bloody conflict with leftist rebels influenced decisions in the ballot box.More >>
    For decades, Colombia's bloody conflict with leftist rebels influenced decisions in the ballot box.More >>
  • Irish turn attention to parliament as abortion ban voted out

    Irish turn attention to parliament as abortion ban voted out

    Sunday, May 27 2018 3:53 AM EDT2018-05-27 07:53:48 GMT
    Sunday, May 27 2018 5:26 AM EDT2018-05-27 09:26:59 GMT
    (AP Photo/Peter Morrison). People from the "Yes" campaign react as the results of the votes begin to come in, after the Irish referendum on the 8th Amendment of the Irish Constitution at Dublin Castle, in Dublin, Ireland, Saturday May 26, 2018. The fir...(AP Photo/Peter Morrison). People from the "Yes" campaign react as the results of the votes begin to come in, after the Irish referendum on the 8th Amendment of the Irish Constitution at Dublin Castle, in Dublin, Ireland, Saturday May 26, 2018. The fir...
    Attention is turning to Ireland's parliament now that the country's citizens have voted in landslide numbers to remove the abortion ban from its constitution.More >>
    Attention is turning to Ireland's parliament now that the country's citizens have voted in landslide numbers to remove the abortion ban from its constitution.More >>

(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

    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.More >>
    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.More >>
Powered by Frankly