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Gas prices rise amid series of incidents in Middle East

Winston-Salem Journal -- The heat isn't the only thing that has been rising in the Triad.

Gas prices jumped 7 cents a gallon over the past week amid escalating tensions in the Middle East.

The average price of regular unleaded gas was $3.33 a gallon Friday compared with $3.26 a gallon a week ago, according to AAA's Daily Fuel Gauge Report.

Statewide, the average price of regular unleaded gas rose 8 cents a gallon to $3.33 Friday from $3.25 a week ago.

Industry experts said the oil market is responding to a series of events in the Middle East, including concerns that Iran will try to block oil shipments through the Strait of Hormuz and increased fighting in Syria.

"One-third of the world's seaborne oil passes through the Strait of Hormuz," said Tom Crosby, a spokesman for AAA Carolinas.

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Submitted Jul 21, 2012 By: aservant

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honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Jul 24, 2012 5:52:45 AM Ignore honda0105 Report Abuse let's face it, gas prices rise when a gnat in Siberia sneezes.
comprof Champion Author Houston Posts:6,859 Points:1,356,750 Joined:Jul 2009	Message Posted: Jul 22, 2012 10:18:50 PM Ignore comprof Report Abuse The station in front of my strip center increased prices by 20 cents in two weeks.
Jeff4U Champion Author Atlanta Posts:8,754 Points:1,852,370 Joined:Nov 2004	Message Posted: Jul 22, 2012 10:33:40 AM Ignore Jeff4U Report Abuse Yep, we noticed buddy.
jrs4125 Champion Author Indiana Posts:2,758 Points:591,745 Joined:Sep 2011	Message Posted: Jul 22, 2012 6:24:09 AM Ignore jrs4125 Report Abuse Middle East tensions..... this is not NEW.
DrCashFlow Champion Author Massachusetts Posts:7,064 Points:1,627,125 Joined:Jun 2008	Message Posted: Jul 22, 2012 5:04:09 AM Ignore DrCashFlow Report Abuse Noise
BEGTWO Champion Author Maryland Posts:1,942 Points:723,990 Joined:Sep 2010	Message Posted: Jul 22, 2012 1:16:02 AM Ignore BEGTWO Report Abuse OH...NO!!!
WalRus49 Champion Author Boston Posts:4,075 Points:868,865 Joined:Nov 2010	Message Posted: Jul 22, 2012 12:44:18 AM Ignore WalRus49 Report Abuse Just more organized mayhem and pillage..............
jkpsr Champion Author New Jersey Posts:4,079 Points:1,101,905 Joined:Jun 2005	Message Posted: Jul 22, 2012 12:18:19 AM Ignore jkpsr Report Abuse Here we go again!
SparkieMi Champion Author Kalamazoo Posts:3,258 Points:588,325 Joined:Sep 2011	Message Posted: Jul 22, 2012 12:13:33 AM Ignore SparkieMi Report Abuse Any little or no reason to raise price!!!!!!
Number43 Champion Author Lexington Posts:8,697 Points:1,638,170 Joined:Oct 2008	Message Posted: Jul 22, 2012 12:10:20 AM Ignore Number43 Report Abuse What about the new oil pipelines that would let the crude bypass the strait.They are in use NOW.
ronman Champion Author Detroit Posts:1,280 Points:65,850 Joined:Aug 2005	Message Posted: Jul 22, 2012 12:08:52 AM Ignore ronman Report Abuse TornadoRed is an idiot
Dremwolf Veteran Author Jacksonville Posts:476 Points:94,370 Joined:May 2008	Message Posted: Jul 22, 2012 12:08:45 AM Ignore Dremwolf Report Abuse Anytime anything happens anywhere in the world speculators twitch and prices go up!
millerin Champion Author Orlando Posts:2,310 Points:481,365 Joined:Jan 2012	Message Posted: Jul 22, 2012 12:08:28 AM Ignore millerin Report Abuse it's jumping more now
Number43 Champion Author Lexington Posts:8,697 Points:1,638,170 Joined:Oct 2008	Message Posted: Jul 22, 2012 12:08:24 AM Ignore Number43 Report Abuse Speculation pushes up prices
Beboper Champion Author Virginia Posts:8,727 Points:2,163,790 Joined:Oct 2005	Message Posted: Jul 22, 2012 12:07:06 AM Ignore Beboper Report Abuse old news
judgemobile Champion Author Ohio Posts:7,570 Points:2,445,135 Joined:Nov 2005	Message Posted: Jul 22, 2012 12:06:52 AM Ignore judgemobile Report Abuse any excuse, no matter how idiotic, is often used to justify price rise.
PrinceLH Champion Author Ontario Posts:2,692 Points:538,045 Joined:Jun 2011	Message Posted: Jul 22, 2012 12:05:59 AM Ignore PrinceLH Report Abuse Any excuse!
EASYRYDER Champion Author Cincinnati Posts:11,331 Points:2,286,450 Joined:Nov 2006	Message Posted: Jul 22, 2012 12:05:57 AM Ignore EASYRYDER Report Abuse NObama 2012
ricoblanco Champion Author Chicago Posts:1,588 Points:359,880 Joined:May 2012	Message Posted: Jul 22, 2012 12:04:28 AM Ignore ricoblanco Report Abuse Yes, but of course
BMWer Champion Author Calgary Posts:2,076 Points:1,665,570 Joined:Dec 2003	Message Posted: Jul 22, 2012 12:04:04 AM Ignore BMWer Report Abuse Oh!.... what a surprise
jem069 Champion Author Detroit Posts:2,538 Points:687,080 Joined:Jan 2011	Message Posted: Jul 22, 2012 12:03:52 AM Ignore jem069 Report Abuse Ok
Beaveronparade Champion Author Hartford Posts:2,105 Points:635,050 Joined:Mar 2011	Message Posted: Jul 22, 2012 12:03:16 AM Ignore Beaveronparade Report Abuse Interesting article. There always seems to be a reason for gas prices to rise.
bmsgolf Champion Author Amarillo Posts:2,047 Points:454,255 Joined:May 2011	Message Posted: Jul 22, 2012 12:00:35 AM Ignore bmsgolf Report Abuse Thanks liberal media
toadNY Champion Author Albany Posts:7,042 Points:1,513,150 Joined:Apr 2008	Message Posted: Jul 21, 2012 11:55:41 PM Ignore toadNY Report Abuse Elect obama he said he will put a Stop to Speculation if elected. Oh wait you did an he didn't!
bonzoonfmb Champion Author Florida Posts:1,782 Points:644,585 Joined:Feb 2010	Message Posted: Jul 21, 2012 11:54:08 PM Ignore bonzoonfmb Report Abuse There is no shortage - gas prices should not be rising.
preacherjohn Champion Author Modesto Posts:3,990 Points:1,919,760 Joined:May 2006	Message Posted: Jul 21, 2012 11:53:37 PM Ignore preacherjohn Report Abuse Some of our prices went up this week.
MDTDriver Champion Author California Posts:9,724 Points:2,155,395 Joined:Jul 2006	Message Posted: Jul 21, 2012 11:53:20 PM Ignore MDTDriver Report Abuse The World is getting to small more than 20 years ago this did not matter in the USA.
mimico1 Rookie Author Utah Posts:3 Points:11,030 Joined:May 2012	Message Posted: Jul 21, 2012 11:52:39 PM Ignore mimico1 Report Abuse If we would buy more ofour oil from Canada and continue too produce our own oil this would not be our problem.
Focus2 Champion Author Illinois Posts:7,889 Points:1,919,155 Joined:Mar 2006	Message Posted: Jul 21, 2012 11:50:03 PM Ignore Focus2 Report Abuse But they haven't tried anything but run off their mouth. That's not worth paying anything for!
saleboss Champion Author Phoenix Posts:3,929 Points:1,177,875 Joined:Feb 2006	Message Posted: Jul 21, 2012 11:44:27 PM Ignore saleboss Report Abuse It's always something, or the threat of something!
billy44bo Champion Author Mobile Posts:7,207 Points:1,490,870 Joined:Feb 2008	Message Posted: Jul 21, 2012 11:42:56 PM Ignore billy44bo Report Abuse Greed runs the oil market
iceman11 Champion Author Ontario Posts:2,715 Points:536,425 Joined:Feb 2011	Message Posted: Jul 21, 2012 11:39:06 PM Ignore iceman11 Report Abuse been going up here steady for a month
PizzaMon Champion Author Philadelphia Posts:5,134 Points:1,862,405 Joined:Jun 2006	Message Posted: Jul 21, 2012 11:36:54 PM Ignore PizzaMon Report Abuse Convenient excuses for what MAY happen.
bkplenge Champion Author Tallahassee Posts:1,618 Points:121,850 Joined:Sep 2005	Message Posted: Jul 21, 2012 11:35:19 PM Ignore bkplenge Report Abuse Prices did not rise amid tensions, but rose amid speculation!! [Edited by: bkplenge at 7/21/2012 11:39:48 PM EST]
dougerstew Veteran Author Oregon Posts:394 Points:1,109,480 Joined:Dec 2005	Message Posted: Jul 21, 2012 11:33:43 PM Ignore dougerstew Report Abuse bad news...
TIGERPAW46 Champion Author Florida Posts:7,126 Points:1,355,680 Joined:Mar 2004	Message Posted: Jul 21, 2012 11:32:51 PM Ignore TIGERPAW46 Report Abuse Oil market is responding to the Speculators buying up supplies then holding the population hostage to paid them the profit they want on each barrel or do without. If you consider all speculators as a group I wonder what percentage of oil getting to the US market goes through them, & what percentage does it take to be considered a Oligopoly. Oligopoly doesn't have to control 100%. Maybe anything over %50 could still control the market & FIX prices.
Thomtec Champion Author Nashville Posts:2,464 Points:608,145 Joined:May 2011	Message Posted: Jul 21, 2012 11:26:22 PM Ignore Thomtec Report Abuse Ok
pgerassi Champion Author Milwaukee Posts:10,896 Points:2,132,355 Joined:Apr 2007	Message Posted: Jul 21, 2012 11:26:11 PM Ignore pgerassi Report Abuse More BS from CIF issuers.
Ray_10589 Champion Author New York Posts:4,946 Points:1,182,985 Joined:May 2009	Message Posted: Jul 21, 2012 11:25:47 PM Ignore Ray_10589 Report Abuse buy from Canada
mstearno Champion Author Dayton Posts:8,066 Points:1,731,235 Joined:Jan 2008	Message Posted: Jul 21, 2012 11:24:48 PM Ignore mstearno Report Abuse If Iran wants to keep the current do nothing administration they should help lower prices to keep his do nothing butt in office. Otherwise the shocker will be us drilling like crazy and buying from CANADA...
LostToo Champion Author Illinois Posts:4,392 Points:975,315 Joined:May 2009	Message Posted: Jul 21, 2012 11:24:23 PM Ignore LostToo Report Abuse It's $3.45 here...
tco9436 Champion Author Connecticut Posts:1,772 Points:722,175 Joined:Mar 2010	Message Posted: Jul 21, 2012 11:21:32 PM Ignore tco9436 Report Abuse the real reason is because some saudi prince lost a few million in vegas
gilfarm Champion Author Alabama Posts:6,796 Points:1,948,840 Joined:Sep 2005	Message Posted: Jul 21, 2012 11:20:45 PM Ignore gilfarm Report Abuse Wondered what was causing the rise!
TornadoRed Champion Author Minnesota Posts:1,836 Points:711,420 Joined:Apr 2005	Message Posted: Jul 21, 2012 11:17:02 PM Ignore TornadoRed Report Abuse QuagmireLA: not only do I "ignore" those who post one-word messages like "OK", but I also "ignore" all those who use key words like "greed", "speculators", "conspiracy" and "big oil". Also, anyone who else who is brain dead. Lastly, it was Franklin Roosevelt who said "we have nothing to fear but fear itself" -- not Winston Churchill. Edit: I also "ignore" those who tell me I should drive less. They need to mind their own business, not tell me how to run mine. [Edited by: TornadoRed at 7/21/2012 11:18:16 PM EST]
ace12012 Champion Author Phoenix Posts:1,670 Points:325,360 Joined:Apr 2012	Message Posted: Jul 21, 2012 11:16:44 PM Ignore ace12012 Report Abuse gas is up a few cents here.
Tekkersmom57 Champion Author Syracuse Posts:1,879 Points:701,190 Joined:May 2010	Message Posted: Jul 21, 2012 11:14:46 PM Ignore Tekkersmom57 Report Abuse AGAIN.....with the Iran excuse. Oil jumped way up in Feb. and March to an Iran threat that never panned out. So once again, a threat is there so let those speculators raise the oil prices in anticipation of an oil shortage. When will we ever learn?
serrog Champion Author Nova Scotia Posts:5,564 Points:1,512,130 Joined:Oct 2008	Message Posted: Jul 21, 2012 11:14:06 PM Ignore serrog Report Abuse Greed
Romey08 Champion Author Virginia Posts:6,311 Points:1,436,490 Joined:Apr 2008	Message Posted: Jul 21, 2012 11:13:33 PM Ignore Romey08 Report Abuse The middle-east is always an excuse to raise prices
AKmailman Champion Author Alaska Posts:5,633 Points:1,557,565 Joined:Jul 2004	Message Posted: Jul 21, 2012 11:08:09 PM Ignore AKmailman Report Abuse gas prices to rise? who'd a thought !!!
hatterasjack Champion Author South Carolina Posts:1,296 Points:726,100 Joined:Sep 2007	Message Posted: Jul 21, 2012 11:05:38 PM Ignore hatterasjack Report Abuse We've got to get rid of our dependence on middle east oil.