Syria crisis takes toll on gas prices - WKRN News 2

Syria crisis takes toll on gas prices

Posted: Updated: Aug 30, 2013 10:46 AM CDT
NASHVILLE, Tenn. -

The threat of a strike on Syria by U.S. allied forces created a spike in gas prices overnight.

The average price of a gallon of regular gas rose nearly two cents across the country, up to $3.56.

Tennessee is 20 cents cheaper at $3.36 per gallon, but the Metro Nashville area is only 10 cents cheaper at $3.45, according to the AAA Daily Fuel Gauge.

The increase came just as the Labor Day weekend got underway.

AAA, North America's largest motoring and leisure travel organization, estimates 34 million people will travel between Thursday, August 29, through Monday, September 2, with the heaviest travel expected on Friday and Monday.

Roughly 85 percent of those will travel by automobiles.

Prices rose sharply in the days leading up to the holiday, with local average prices spiking 10 cents in the last week.

The crisis in Syria was being blamed for the overnight increase early Friday morning. However, analysts believe the prices will hold steady through the holiday weekend.

Syria is not a major oil producer, but the threat of violence across the Middle East could impact costs in the days and weeks ahead.

The price per gallon could reach $3.60, according to Tom Kloza, chief oil analyst for the online site GasBuddy.com.

The situation may be all too familiar for motorists, who saw a similar uncertain world market around the July 4 holiday, when unrest in Egypt and violence in Libya sent gas pricing soaring.

Travelers aren't expected to cancel their trips because of gas prices, but they could spend less on other things like dining or shopping.

Despite the recent rise in fuel prices, drivers are much better off than last year, when the national average for gas prices reached a record high for Labor Day at $3.80 for a gallon of regular.

As of Friday morning, at least two local gas stations were selling fuel for $3.20 per gallon of regular, 15 to 35 cents less than the state and national averages respectively.

Those stations were Kangaroo market at 5183 Murfreesboro Road in La Vergne and Kroger at 510 TN-76 E in White House.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Mom bites off dog's ear to save daughter during attack

    Mom bites off dog's ear to save daughter during attack

    Tuesday, April 22 2014 2:49 PM EDT2014-04-22 18:49:19 GMT
    Image from CNN/KHOU-TVImage from CNN/KHOU-TV
    In a backyard in Alvin, swings a very lucky girl. Her name is Mackenzi Plass, or Kenzi for short, and she survived a dog attack and has undergone several surgeries."She'll be two and a half in May," said her very proud mother Chelsi Camp. "She's doing great. You wouldn't know it if you couldn't see."Mackenzi has scars on her face after the ordeal just weeks ago that put her mother's animal instincts to the test."You do whatever you can," said Camp. "I don't have physical strength at my side."...More >>
    In a backyard in Alvin, swings a very lucky girl. Her name is Mackenzi Plass, or Kenzi for short, and she survived a dog attack and has undergone several surgeries."She'll be two and a half in May," said her very proud mother Chelsi Camp. "She's doing great. You wouldn't know it if you couldn't see."Mackenzi has scars on her face after the ordeal just weeks ago that put her mother's animal instincts to the test."You do whatever you can," said Camp. "I don't have physical strength at my side."...More >>
  • 38 dogs rescued in north Nashville dog fighting bust

    38 dogs rescued in north Nashville dog fighting bust

    Wednesday, April 23 2014 6:09 PM EDT2014-04-23 22:09:20 GMT
    A drug bust last week led to Tuesday’s seizure of 38 dogs from an alleged dog fighting ring in north Nashville.More >>
    A drug bust last week led to Tuesday’s seizure of 38 dogs from an alleged dog fighting ring in north Nashville.More >>
  • Giles County student injured, another charged in fight over gum

    Giles County student injured, another charged in fight over gum

    A Giles County middle school student is facing criminal charges and his classmate facial surgery after the two got into a fight over gum.More >>
    A Giles County middle school student is facing criminal charges and his classmate facial surgery after the two got into a fight over gum.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WKRN (Young Broadcasting station). All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.