Gas Prices Could Surge Again As Putin S Ukraine Invasion Roils Markets
President Joe Biden addressed the American public about what he said was the “beginning of a Russian invasion of Ukraine” on Tuesday and said his administration was working to direct the “pain” of sanctions introduced in the wake of the latest military developments to “the Russian economy, not ours.” The anticipated military escalation paired with Russia’s role as one of the largest oil producers in the world has raised concerns among experts within the energy industry and American citizens alike about the impact this intensifying conflict could have on prices at the pump as crude oil costs rise....