Latest news with #NickChabarria
Yahoo
a day ago
- Business
- Yahoo
High Missouri gas prices could climb higher amid conflict in Middle East
Keriana Gamboa COLUMBIA, Mo. (KMIZ) According to gas prices on AAA, some Missouri counties are seeing lower prices at the pump than the national average. But with Israel's attack on Iran and the subsequent retaliation, they could climb higher. Friday's report from AAA shows the national average is $3.13, while Missouri is reporting its average at $2.83. However, crude oil prices surged more than $5 a barrel on Friday, following heightened tensions in the Middle East. Crude oil is a natural resource extracted from the ground and refined into essential fuels such as gasoline, diesel and jet fuel. It is traded on global markets and plays a critical role in determining energy prices worldwide. AAA spokesperson Nick Chabarria said the geopolitical uncertainty could lead to a short-term spike in prices. 'Any time there's a disruption, you know, with, again, potential geopolitical conflicts like we're seeing, that's going to cause prices to come up,' said Chabarria. Israel struck Iran's nuclear program and other targets early Friday. By the end of the day, Iran had retaliated with a massive missile strike on Israeli cities. The conflict has sparked fears of a regional conflict in the Middle East, which provides much of the world's crude. Click here to follow the original article.
Yahoo
22-05-2025
- Automotive
- Yahoo
Arkansas gas prices down 31 cents going into Memorial Day weekend
LITTLE ROCK, Ark. – AAA reports gas prices will be a much softer hit for Arkansas drivers as they go into Memorial Day weekend. AAA reported that the current $2.80 average for a gallon of regular in the state is down 31 cents from this time last year and two cents from this time last week. Arkansas introduces digital identification & digital driver's license Central Arkansas is seeing lower than the state average, with the Little Rock – North Little Rock metro at a $2.78 average and Pine Bluff at $2.76. Hot Springs is lower still at $2.74. The lowest prices in Arkansas are in Hot Spring County at $2.68 a gallon, while the highest is in Bradley County, in the state's south-central, at $3.17 average. The national average for gasoline is $3.20, led by California at $4.87, with Mississippi the lowest average at $2.67. 'Gas prices haven't been this low over Memorial Day since 2021 when the national average was $3.04,' AAA spokesperson Nick Chabarria said. 'This will be welcome news for the expected record 39.4 million Americans who will take road trips over the long weekend.' Arkansas fallen veteran honored by NASCAR driver on Memorial Day AAA officials credit a healthy gasoline supply and lower crude prices for the lowering trend. As of Thursday morning, gasoline production is up to 9.6 million barrels per day, dropping 41 cents to $61.57 a barrel. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
15-05-2025
- Automotive
- Yahoo
Gas prices in Arkansas see jump ahead of Memorial Day travel season
LITTLE ROCK, Ark. – Gas prices in Arkansas have increased a week before drivers are expected to hit the road for Memorial Day travel. According to AAA, the statewide gas price average is $2.82 per gallon of regular fuel, jumping seven cents since last week. More than 4 million people projected to travel across Arkansas region for Memorial Day AAA officials said that more people are expected to travel than ever before from May 22 to May 26 for Memorial Day weekend. 'AAA projects that 39.4 million Americans will take a road trip this Memorial Day, setting a new travel record for the holiday,' AAA spokesperson Nick Chabarria said. 'With so many vehicles on the road, AAA encourages all drivers to stay current on routine vehicle maintenance to help prevent breakdowns and improve fuel efficiency.' Throughout the state, drivers in Cleveland County are paying the state's highest gas average of $3.09. Drivers in Hot Spring County and Prairie County are paying the least at the pumps, with an average of $2.70. More warning signs emerge for US travel industry as summer nears In central Arkansas, gas in the Little Rock-North Little Rock area is averaging at $2.81 per gallon. Drivers in Hot Springs are paying an average of $2.78 per gallon, while drivers in Pine Bluff are paying $2.74 per gallon. The national gas price average is $3.19. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
