Tennessee gas prices to spike due to Syria conflict, AAA says
NASHVILLE, Tenn. (WZTV) - Tennesseeans can expect to pay more at the pump due to the Syria conflict, AAA says.
AAA said the national average gas price is the highest it's been in two years, while Tennessee is seeing the most expensive prices since last September when prices were recovering from Hurricane Irma.
The Volunteer State saw an average of $2.52/gallon, that's a 6-cent increase since last week and 34 more cents than last year at this time.
"Crude prices rose more than $5 last week, which was the largest weekly increase in more than eight months. Crude is climbing due to the potential of U.S. sanctions against Syria's sponsors: Russia and Iran. Syria has not exported oil since civil war broke out in 2011. However, the country receives fuel deliveries from Iran," a news release from AAA said.
The most expensive average gas prices right now are in Nashville ($2.56), Cleveland and Jackson. Clarksville-Hopkinsville has some of the lowest average prices right now at $2.49, along with Memphis and Chattanooga.
"Motorists should expect a 15-cent increase at the pump in the short term," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "However, prices could rise even more, depending on how the crude market responds to the latest news of a U.S. missile strike over the weekend."
Crude oil closed at $67.39 per barrel on Friday, the highest daily settlement since December 2014.