AAA: Ongoing war in Ukraine to blame for surging gas prices

In a milestone event, a gallon of regular gas now costs an average of $5 nationwide, and drivers are struggling harder than ever to pay.

News 12 Staff

Jun 13, 2022, 1:22 AM

Updated 670 days ago

Share:

Gas prices are hitting an all-time high and the ongoing war in Ukraine is being blamed for the current gas crisis.
Many motorists say the "pain at the pump" is now "pure agony at the pump."
"I feel really bad for people who have to drive regularly. This was just like a weekend thing for me, but it must hurt to have to do this all the time," said motorist Debra Edelman.
In a milestone event, a gallon of regular gas now costs an average of $5 nationwide, and drivers are struggling harder than ever to pay.
AAA says gas prices have been rising steadily for the past eight weeks and this latest surge marks the 15th straight day of record-high prices.
"It really can be traced back to the war in Ukraine and the resulting problems with crude. Russia was and is a major producer of 9 or 10 million barrels per day. Global consumption is about 100 million barrels a day, so if you take that off the market as a result of sanctions and the 90% that's left is suddenly more valuable and more needed," explains AAA spokesman Robert Sinclair.
He warns that there are more factors in place for prices to go higher for the summer. Sinclair also points out that the record-high gas prices are not adjusted for inflation.
President Biden Joe Biden also expressed frustration with the situation.
"It's outrageous what the war in Ukraine is costing, and we're trying very hard to make sure we can significantly increase the number of barrels of oil being pumped out of the reserve. We got 240,000 barrels of oil coming from other nations and we're going to keep pushing on it," Biden said.


More from News 12