Gas Prices On The Rise

gas pricesGasoline prices in the southeast were on a streak of declines before the conflict in Iraq began. The average price for a gallon of gasoline fell 12 straight days in Tennessee. However, the streaks ended Saturday as the violence in Iraq caused oil prices to jump. Here in Coffee County, Manchester’s lowest price stands at $3.28 per gallon and the low price in Tullahoma is $3.34. Tennessee’s average price is $3.43 per gallon.
Crude oil prices had its biggest weekly gain of this year because of the violence in Iraq. The cost for a barrel of oil closed last Friday at $106.91 on the NYMEX — $4.25 more than the week prior ($102.66).
(Local gas prices were gathered Tuesday afternoon.)