On Tuesday morning, Florida gas prices reached an unprecedented high.AAA reported the average price for a gallon of gas was $4.15, 15 cents higher than it was Monday, and the highest price ever recorded. On Monday, it was reported that gas prices had reached the highest cost since the housing bubble burst in 2008. On Tuesday, it soared even higher.Transportation experts are blaming the Russian attack on Ukraine, and the uptick in travel as COVID-19 restrictions are relaxed.”We are seeing a lot of movement in oil prices, it was extremely erratic overnight,” Mark Jenkins, AAA representative, said. “It’s just been a roller-coaster ride that we as consumers are being taken on and unfortunately there’s really not a lot we can do about it, but just look for some ways to try to shave off a few cents here and there.”The prices should increase further due to spring break.Experts believe gas prices will stay high for a while.During the first full week of Russia’s invasion of Ukraine, the price of regular gas rose by almost 41 cents, according to the AAA motor club.”As Russia’s war on Ukraine continues to evolve and we head into a season where gas prices typically increase, Americans should prepare to pay more for gas than they ever have before,” Patrick De Haan, head of petroleum analysis for GasBuddy, said in a statement.Energy giant Shell said Tuesday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country amid international pressure for 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 a phased manner.”
On Tuesday morning, Florida gas prices reached an unprecedented high.
AAA reported the average price for a gallon of gas was $4.15, 15 cents higher than it was Monday, and the highest price ever recorded.
On Monday, it was reported that gas prices had reached the highest cost since the housing bubble burst in 2008. On Tuesday, it soared even higher.
Transportation experts are blaming the Russian attack on Ukraine, and the uptick in travel as COVID-19 restrictions are relaxed.
“We are seeing a lot of movement in oil prices, it was extremely erratic overnight,” Mark Jenkins, AAA representative, said. “It’s just been a roller-coaster ride that we as consumers are being taken on and unfortunately there’s really not a lot we can do about it, but just look for some ways to try to shave off a few cents here and there.”
The prices should increase further due to spring break.
Experts believe gas prices will stay high for a while.
During the first full week of Russia’s invasion of Ukraine, the price of regular gas rose by almost 41 cents, according to the AAA motor club.
“As Russia’s war on Ukraine continues to evolve and we head into a season where gas prices typically increase, Americans should prepare to pay more for gas than they ever have before,” Patrick De Haan, head of petroleum analysis for GasBuddy, said in a statement.
Energy giant Shell said Tuesday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country amid international pressure for 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 a phased manner.”