Gas prices are going up – way up, and that’s an unfortunate truth that every driver in the country is grappling with. As a consumer, understanding exactly why gas prices are increasing is just as important as paying those high prices.
International sanctions are no joke, especially imposed from one global superpower onto another. Sanctions are often only used in place of actual military action, and the results are arguably as severe.
On March 8, 2022, the U.S. officially announced a ban on the importing of Russian gas and oil, effectively taking non-military action against Russian for their invasion of Ukraine. 71% of Americans supported the Russian sanctions even if it meant higher gas prices, according to a Quinnipiac University study.