Despite Iraq Situation, Gas Prices Fall Slightly

By WTVO WQRF Newsroom

Published 06/23 2014 10:49AM

Updated 06/23 2014 10:50AM

ROCKFORD - The volatile situation in Iraq not causing a rise in gas prices, at least for this week.

According to, prices have dropped 2.7 cents per gallon, settling at an average of $3.75/g. Drivers are paying less across the nation, spending $3.68/g.

"While concerns in Iraq have led to higher prices in many areas... a new concern has come to light: a possible increase in the federal gasoline tax" says GasBuddy Senior Petroleum Analyst Patrick DeHaan.  "While this week at the pump could be a quiet one... motorists still face the threat of higher prices later in the summer.

Gas prices are also more on par with last year's levels, only a two cents difference.

Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Top Videos

Top Videos