Experts say that Kansans are paying more at the pump because of the invasion of Ukraine by Russia. The average price for a gallon of gas in Topeka went up by 40 cents a gallon in a month and by 15 cents a gallon in a week. Drivers with a 15-gallon gas tank are spending more to fill up than they were a week ago. The spike in gas prices is a nationwide phenomenon, according to Shawn Steward, spokesman forAAA Kansas. The increase is the result of the invasion of Ukraine by Russia. The US is the largest oil producer in the world. The global oil market has been affected by last week&s attack and the subsequent series of financial sanctions imposed by the U.S. and its allies upon Russia. According to oilprice.com, the international standard for oil prices rose to more than $100 per barrel on Monday. The record high price ofBrent crude was set in 2008. When the price of oil goes up, so does the price of gas. He said crude oil prices over the past decade have determined half of the price of gas. The price is affected by refinery and distribution costs, corporate profits, and state and federal taxes. Regulators in Kansas approve a deal to recover costs from a deep freeze. How much would you pay? In the three weeks prior to last week, gas prices in Topeka and Kansas had already risen significantly, at a time when oil prices rose to $90 a barrel before the potential of an invasion of Ukraine came to light. He said that global gasoline demand had been on the rise, and that oil prices last fall were in the $60-$65 range. USA Today reported that experts think gas prices could go as high as $4 a gallon by early spring in some states. It was said that prices will fall to $3.30 a gallon in the second half of the year after climbing to $4 a gallon in the second quarter. USA Today quoted President Joe Biden as saying that he is working to prevent a rise in gas prices caused by the invasion. Biden said that his administration was using every tool at its disposal to protect American businesses and consumers from rising prices at the pump. The US gets 3% of its oil from Russia. According to the U.S. Energy Information Administration, about 7% of Russia's gross petroleum imports went to the U.S. Mike Pompeo blames Biden for the Ukraine war, but he calls Putin a dictator. Canada, Saudi Arabia, Venezuela and the Organization of the Petroleum Exporting Countries are some of the sources of oil the US imports. Despite the recent price hikes, Kansas still has the 11th cheapest gas prices in the nation. He said it was not clear what effect gas prices would have on Americans' travel plans. Last summer was a very busy time for road trips and vacations. He said research shows that higher gas prices won't affect travel in the U.S. Motorists would continue to get out on the road, but would try to save money by staying at campgrounds or less expensive hotels. The article was originally published on the Capital-Journal. The average price of regular grade gasoline in the US hit $4.009 per gallon on Sunday, up 11 percent from a week ago and up 45% from a year ago. The automobile club said retail gasoline prices hit a record $4.114 a gallon on July 17, 2008, around the same time U.S. crude futures soared to a record $147.27 a barrel. The price of gas is set to surpass their all-time high of $4.103 per gallon later this week. Enjoy this stunning graphics and deep game-play. European leaders said Monday that they recognize the need to reduce their dependence on Russian energy, but that an immediate embargo would not be feasible. You can subscribe for freeD. We relied on the rental money for our retirement because we were both over 65. We have no savings because of the loss of income. Foreign Minister Dmytro Kuleba says that the whole world is on the side of Ukraine. The style of these boots goes a long way. There are features of the Boot. Many fans were disappointed when Jules had a shorter haircut in the second season, but Hunter begged for the change. The letter writer said that President Joe Biden and climate envoy John Kerry have wrong priorities. The Commanders made a strong offer for Russell Wilson last week. What should fans think about that? You can save with this hack. I got the supply shock wrong. The shift to electric transportation will destroy oil consumption at the margin. A study of hundreds of people found that COVID-19 can affect the brain slightly. It is not clear if the damage can be reversed. If you filled up your tank in Holland on Sunday, you would have paid around $3.89 per gallon. The numbers continued in the early morning hours, but are expected to rise quickly. One day, all it would take to get your point across would be 280 characters. The activist investor was not happy with the financing deal that was made with the conglomerate. The Associated Press men's college basketball poll remained unchanged on Monday, as did the rankings for Tennessee and North Carolina. For the fourth week in a row, Mark Few's team claimed 52 of 61 first-place votes to retain the top ranking. The Bears took the top spot for the first time this season, despite the fact that Tommy Lloyd's team stayed at second for the third straight week. With the Russian invasion of Ukraine sending oil prices soaring, residents of some states are likely to see larger increases in their overall gasoline spending. The invention ends gutter cleaning. It increases your home value and protects you against property damage. Burger King had a limited tryout of its new sandwiches. They are now taking them national. The new Toyota makes more than 200 horses. The company may be underrating that flat-four a bit. Russian and Ukrainians are expected to head to Mexico to claim asylum due to the war, according to a report. Take a look at the finest cars of the golden age. The German embassy couldn't stay quiet when Ukraine was attacked. The embassy in South Africa defended the actions of the Russian government on the social networking site. The message was sent. The Bills are once again looking up as the Evil Empire is back. Jimmy Garoppolo is not going to be traded soon enough by the #49ers.Why are gas prices going up?
How high will gas prices go?
How much oil does the U.S. get from Russia?
What's next in terms of travel?
Ad•Raid
Ad•Kohl's
Ad•YourDIY
All Rights Reserved © 2024
