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Gas prices on the rise
gbtribune news
Gas prices are getting pumped up to their highest level in years here in Great Bend and the surrounding communities. The national average price of gasoline is now at its priciest since July 2015, nearly 1,000 days, rising to $2.68 per gallon overnight according to GasBuddy.The sudden surge after a week of relative calm at the pump can be blamed on oil prices surging to nearly $67 per barrel, the highest level since 2014, on fears of military action in Syria and trade conflict with China. U.S. oil inventories also stand 20-percent lower than a year ago, the result of higher crude oil exports and OPEC’s agreement to cut oil production, now in its 15th month.