US gas prices could hit $5 a gallon or more after Russia’s Ukraine invasion
Soaring US gas prices are likely to get even worse after Russia launched a full-fledged invasion of Ukraine — with some experts warning that costs could climb to $5 per gallon or higher in the coming months.
As crude oil prices continue to surge, the national average of a gallon of gasoline could hit $3.75 within the next two weeks — a level that could be just “the tip of the iceberg,” according to Gas Buddy analyst Patrick De Haan. The current national average is about $3.54, according to AAA.
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