The national average will likely reach $4 a gallon by mid-March, one expert said.
President Vladimir Putin has ordered Russian nuclear deterrent forces on alert amid tensions with the West over his invasion of Ukraine. Chantee Lans has the latest developments.
It's not that Russian oil or gasoline make up a major portion of US supplies, Kloza said."Brent is a world market price. It's going to be the most important number out there for a while," he said. The war in Ukraine is only one reason that US gas prices are headed to record levels. Strong demand for gas, which was rising along with the retreat of the Omicron surge in Covid cases, is outpacing supplies for a number of reasons.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: