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Gas prices are rising at a historic rate nationwide as well as in Florida. AAA updated the average overnight fuel gallon cost. The Florida average jumped 6 cents from yesterday’s price to a new all-time high of $4.21, just below the national average of $4.25. Transportation experts blame the Russian attack on Ukraine and a spike in travel as COVID-19 restrictions ease. “We are seeing a lot of movement in oil prices, it has been very volatile overnight,” said Mark Jenkins, representative of the AAA. “It’s just been a roller coaster ride that we as consumers are taking, and unfortunately there’s not much we can do about it, but just find some ways to try to cut a few cents here and there.” Prices have to go up even more because of the spring break. Experts believe that gas prices will remain high for a while. During the first full week of Russia’s invasion of Ukraine, the price of regular gas rose by about 41 cents, according to the AAA Automobile Club. “As the Russian war on Ukraine continues to unfold, entering a season of typically high gas prices, Americans should prepare to pay more for gas than ever before,” Patrick de Haan, head of petroleum analysis at GasBuddy, said in a statement. President Joe Biden said Tuesday that his administration is banning imports of Russian oil, natural gas, and coal into the United States in response to Russia’s invasion of Ukraine.” Today, I announce that the United States is targeting the main artery of the Russian economy. We’re all Russia’s imports of oil, gas and energy. “This means that Russian oil will no longer be accepted in American ports and the American people will deal another powerful blow to Putin’s war machine,” Biden said in remarks from the White House. Energy giant Shell on Tuesday said it would stop buying Russian oil and natural gas and shut down its services, jet fuel stations and other operations in the country amid international pressure on companies to cut ties over the invasion of Ukraine, and the company said in a statement it would pull out of all Russian hydrocarbons, including oil. Crude, petroleum products, natural and liquefied gas Natural gas “in phases”.
Gas prices are rising at a historic rate nationwide as well as in Florida.
AAA updated the average overnight fuel gallon cost.
The Florida average jumped 6 cents from yesterday’s price to a new all-time high of $4.21.
That’s just below the national average of $4.25.
Transport experts blame Russia’s attack on Ukraine and increased travel as COVID-19 restrictions ease.
“We’re seeing a lot of movement in oil prices, it’s been very volatile overnight,” said Mark Jenkins, LAC representative. “It was just a roller coaster ride that we as consumers are taking and unfortunately there’s not much we can do about it, but just find some ways to try to cut a few cents here and there.”
Prices have to go up even more because of the spring break.
Experts believe that gas prices will remain high for some time.
During the first full week of Russia’s invasion of Ukraine, the price of regular gas rose by about 41 cents, according to the AAA Automobile Club.
“As the Russian war on Ukraine continues to unfold, and as we head into a season of typically high gas prices, Americans should prepare to pay more for gas than ever before,” said Patrick de Haan, head of petroleum analysis at GasBuddy. statment.
President Joe Biden announced on Tuesday His administration is banning imports of Russian oil, natural gas, and coal into the United States in response to the Russian invasion of Ukraine.
“Today I announce that the United States is targeting the main artery of the Russian economy. We are banning all imports of Russian oil, gas and energy,” Biden said in statements from the White House. “This means that Russian oil will no longer be accepted in American ports and the American people will deal another powerful blow to Putin’s war machine,” he added.
In addition, energy giant Shell said on Tuesday it would stop buying Russian oil and natural gas and shutter service stations, jet fuel and other operations in the country amid international pressure on companies to sever ties over the invasion of Ukraine.
The company said in a statement that it would withdraw from all Russian hydrocarbons, including crude oil, petroleum products, natural gas and liquefied natural gas, “in phases.”
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