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Gas prices could rise with unrest in Egypt

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EGYPT – The ongoing political crisis in Egypt is driving up oil prices around the world.

Crude oil prices shot up over $100 per barrel this week for the first time in more than a year.

Although Egypt is not a major oil producer, it controls the Suez Canal, which is raising fears of a supply disruption.

Experts are concerned if oil stays above $100 a barrel it could cause gasoline prices to rise.

Friday’s average price in Oklahoma City is sitting at $3.22 a gallon.