Ukraine Crisis Could Send Gasoline Prices To $4

U.S. gasoline prices are rising after the Russian invasion in Ukraine and could hit $4 per gallon, according to data from the AAA. The average price per gallon of gasoline reached $3.57 as of Friday, according to GasBuddy data, after starting the week at $3.51. A year ago, the average price for gasoline was $2.65 per gallon. “Russia is one of the leading oil producers globally, behind only the United States and Saudi Arabia and if they choose to withhold their oil from the global market, such a move would eventually be reflected in higher…