By JULIE CUNNINGHAM
(Massachusetts) The war in Europe is causing gas prices in the United States to skyrocket according to AAA. Last week gas prices in the commonwealth went up 54 cents, bringing the average price per gallon to over $4.
“The extraordinary volatility in global oil markets stems from the Russian invasion of Ukraine and the question of whether the United States and NATO will impose sanctions on the Russian oil and gas industry. As that issue continues to be debated today, the market will see significant upward pressure on petroleum-related commodities,” says Mary Maguire, Director of Public/Government Affairs. “The 45-cent increase in gas prices here in the U.S. over the past 7 days amounts to the single largest increase since AAA has tracked domestic gas prices. The negative impact of these explosive prices on American consumers will only increase in the near term.”
AAA recommends taking measures to improve fuel efficiency like making sure tires are properly inflated, planning the shortest possible route to your destination, and avoiding excessive idling. As the Russian invasion of Ukraine continues, it is unclear when consumers will see relief at the pumps.