By Bart Everson - https://www.flickr.com/photos/editor/2592777977/, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=74997973

Gas prices are now set for a shocking quick precipitous rise in the coming weeks, and paying five dollars a gallon could become the new normal.

As The Daily Mail reports:

Americans can expect to see gas prices to rise to $5 a gallon in the coming weeks, as the cost of oil continues to rise in the days following Russia’s invasion of Ukraine, experts say – and some parts of California already are.

‘We’re getting closer to seeing our first ever major city gas price average reach $5/gal,’ Patrick De Haan, head of petroleum analysis at GasBuddy, tweeted Monday, as the national average soared to $3.61, which has since spiked to $3.72 as of Thursday.

‘It will happen in the next couple weeks,’ the oil analyst asserted, listing cities hit the hardest by surging oil prices, such as San Francisco, which on Thursday saw its average surpass the $5 mark to hit $5.05 a gallon, and Los Angeles, which reached a similar $5.01.

The national average as of Thursday is $3.72 a gallon, up 37 cents from February and about a dollar from a year ago, AAA data shows. The increase for the year can also be attributed to inflation and supply chain issues, which were then exacerbated by the Russian invasion.

And experts believe there is no end in sight to the rising prices so long as the Russian invasion of Ukraine and Western retaliatory sanctions continue apace.




Comments

    1. Well, if he is in prison within the next year for trying to change the results of the 2020 election, we can finally forget him. As Trump never would have demanded Covid vaccinations and masking, hundreds of thousands more Americans would have died because of him, and our supply shortages and inflation would have been far more severe than what we are currently seeing.

      1. I feel very sorry FOR YOU . Trump won the last election and the dims cheated . Enjoy the new Commuunistic States of America , fool . The first sentence was said slowly so You could understand the rest you could not understand no matter how much speaking to . You can put your head back in the sand now.

  1. Someone explain the relationship between the rising price of gas and the importation of oil from Russia. I read that the US only ports 3 to 5% of the total oil processed from Russia. The US gets most of the high sulfur oil from Canada and Mexico. Not obvious why loss of Russian oil will drive gas prices so high.

  2. Brandon is a dipstick and Kommie Harris is a washed-up kindergarten teacher. Thus falls America. God forbid!

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