After Israel’s initial strike on Iran, oil prices increased by 7%. As the conflict continues, Arizonans may feel the impact at the pump.
“Gas prices could jump an average of 10 to 20 cents a gallon over the next couple of weeks as this situation continues to unfold,” said Patrick Dehaan, petroleum analyst at GasBuddy.com.
Before the initial strike oil prices could be found as low as $58 a barrel, but currently cost $73 a barrel.
“Gas stations will be filling up with more expensive gasoline even later today, so the impact could start very quickly, and it could last a couple of weeks before the increases are fully passed along,” Dehaan said.
He says the decrease in gas prices seen this week was because of a refinery issue in California being resolved, providing temporary relief.
“The statewide average in Arizona is down 5 cents a gallon, at least for now at $3.24, but gas prices will likely follow oil's lead here in the days ahead,” said Dehaan.
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Strong winds struck the West Valley overnight, leaving more than 5,000 people still without power on Monday morning. -
The Arizona Division of Problem Gambling says roughly the same number of Arizonans placed bets in the past year, compared to its last report three years ago. But nearly a fifth of state residents fell within the category of problem gambling. -
The U.S. Agriculture Department plans to reopen part of the U.S.-Mexico border to cattle later this month. On Aug. 24, the Douglas, Arizona, port will become the first to allow cattle from Mexico to travel into the United States. -
The Arizona Department of Gaming is now offering free financial counseling services for people who request to be banned from gambling activities. The agency is partnering with GamFin, an organization that specializes in advising those with gambling debts. -
On the hottest days, thinner air can make it harder for aircraft to get off the ground safely. Airlines may have to lighten the load by removing passengers or cargo, or carrying less fuel.
