Iraq Conflict Driving Wyoming Gas Prices Higher
The growing conflict in Iraq is affecting the price of gas in Wyoming – that’s what analysts with GasBuddy.com say.
Patrick DeHaan, a senior petroleum analyst with GasBuddy.com, said the average price for a gallon of regular in the cowboy state increased to $3.49 last week.
“Prices are up about a penny-and-a-half in the last week – still well under the national average, which also moved about a penny-and-a-half and stands at $3.65,” DeHaan said.
DeHaan said, though the growing militant Sunni uprising in Iraq hasn’t directly impacted the country’s crude oil exports, speculators are showing concern.
“Perhaps, if the situation continues to deteriorate, Iraq may see some sort of cut-off or problem in regard to its 3 million barrels of oil that it exports every day,” DeHaan said.
Gas is selling for $3.32 in Casper, $3.27 in Cheyenne and $3.39 in Laramie.