MADISON, WI (WTAQ) - The recent jump in crude oil prices slowed down Friday.
One of the benchmarks for U.S. oil prices, West Texas Intermediate crude, rose only 0.4 percent to almost $107 a barrel.
Experts are trying to determine the effect on gasoline prices, as the possibility looms for a civil war in Iraq.
In Wisconsin, the AAA says prices have generally held steady over the last week. The state's average for regular unleaded was $3.72 a gallon Saturday morning. That's 12 cents more than a month ago, but 26 cents less than a year ago.
Chicago area analyst Jim Ritterbusch expects a 7 to 9 cent increase in pump prices over the next one to three weeks.
(Story courtesy of Wheeler News Service)