Consumer

Gas prices expected to go up due to Russia invasion of Ukraine

February 25, 2022 7:50 PM

Published February 25, 2022 5:17 PM

(KYMA, KECY/CBS) - The cost of fuel has been going up in the past year and those numbers are expected to increase as Russia attacks Ukraine.

One construction worker mentions having to spend about $500 a week on gas alone in Los Angeles where gas can reach $5 a gallon.

The national average of gas went up by 24 cents in the past month and that price is expected to go up higher.

Russia is a top supplier of oil and their invasion of Ukraine may affect gas prices in the United States.

"Volatility in this conflict injects a lot of volatility in the oil market," says AAA's Andy Gross.

Sanctions on Russia can lead them to halt oil exports.

Article Topic Follows: Consumer

Reach out to Marcos with your story ideas at marcos.icahuate@kecytv.com.

Mercedes Martinez joined the KSWT team as anchor/producer in October 2020. You can catch her on 13 On Your Side at 4:00pm.

Reach out to Mercedes at mercedes.martinez@kecytv.com.

BE PART OF THE CONVERSATION

KYMA KECY is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.