Gas prices spiked in Wichita overnight, as much as 18 cents per gallon at some stations.
On Tuesday, the average price for a gallon of regular unleaded is $3.47 per gall. Jim Hanni, spokesman for AAA, said the hike is linked to the rising cost of crude oil. Prices Monday closed above $107 per barrel, the highest levels since September.
Hanni said traders are watching the conflicts in Iraq. The capture of Mosul, a key gateway for Iraqi crude, raises worries about whether the country can rebuild its energy infrastructure and raise production to meet global demand.
The price of oil eased slightly Tuesday after the U.S. said it was deploying a small group of troops to Iraq. Delivery was down 64 cents to $106.36 a barrel.
Hanni said drivers could continue to see gas prices rise if violence in Iraq disrupts oil production in the region.
Click here to check gas prices around Wichita.