Florida gas prices soar to another record high Thursday

Another day, another record-shattering gas price in Florida. Overnight into Thursday, gas prices jumped another 13 cents, making the new all-time highest price $4.34. Florida’s average gas price has soared nearly a full dollar amount in one month. 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.” 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 .President Joe Biden on Tuesday announced his administration is banning Russian oil, natural gas and coal imports to the US in response to the Russian invasion of Ukraine.”Today I am announcing the United States is targeting the main artery of Russia’s economy. We’ back nning all imports of Russian oil and gas and energy,” Biden said in remarks from the White House. “That means Russian oil will no longer be acceptable at US ports and the American people will deal another powerful blow to Putin’s war machine.” 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.”

Another day, another record-shattering gas price in Florida.

Overnight into Thursday, gas prices jumped another 13 cents, making the new all-time highest price $4.34.

On Wednesday, the price was $4.21.

Florida’s price is now slightly higher than the national average, which sits at $4.31 Thursday.

Florida’s average gas price has soared nearly a full dollar amount in one month.

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.

President Joe Biden on Tuesday announced his administration is banning Russian oil, natural gas and coal imports to the US in response to the Russian invasion of Ukraine.

“Today I am announcing the United States is targeting the main artery of Russia’s economy. We’re banning all imports of Russian oil and gas and energy,” Biden said in remarks from the White House. “That means Russian oil will no longer be acceptable at US ports and the American people will deal another powerful blow to Putin’s war machine.”

Additionally, 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.”

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