Gas prices, nationally, are averaging at $3.54 per gallon with diesel fuel at $3.96.
For U.S. motorists, this means the national average price of a gallon gasoline and diesel, which are sitting at $3.54 and $3.96 respectively, could rise another "20 to 30 cents on each," according to Liptow. This would push prices to around $3.85 per gallon for gasoline and $4.25 for diesel, Liptow projected.
"On our sanctions package, we specifically designed to allow energy payments to continue. We are closely monitoring energy supplies for any disruption. We've been coordinating with major oil producing and consuming countries toward our common interest to secure global energy supplies," Biden explained.
IRAN COULD SUPPLY AN 'INITIAL 1.3 MILLION BARRELS A DAY' TO GLOBAL MARKET IF NUCLEAR DEAL REACHED, EXPERT SAYS
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fuel prices spike amid Ukraine crisis, with some markets hovering near $5 a gallonAmericans are paying nearly a dollar more for a gallon of gas — to roughly $5 in some markets — than they did last year as the growing threat of war in Ukraine moved oil prices higher.
Read more »
These Crypto Enthusiasts Are Trying to Raise $4 Billion to Buy the Denver BroncosThe group is using a decentralized autonomous organization, or DAO, to raise money.
Read more »
Crypto Scam Victims Get $5.5M Back, Millions Unclaimed | CoinMarketCapMore than $5.5 million has been returned to victims of an international cryptocurrency scam — and police in England say millions more remain unclaimed 💰
Read more »
Tumblr is available ad-free for $5 per month | EngadgetTumblr now offers ad-free browsing for $5 per month for fans who want their microblogs without clutter..
Read more »
A Rap Crew Is Accused In $4 Million Covid Fraud. Did They Buy American Identities From A Huge Surveillance Database?The TransUnion TLO database provides law enforcement with all kinds of leads in criminal investigations–but identity fraudsters may have been using data from it to illegally obtain Covid-19 unemployment benefits.
Read more »