Joe Soto

Joe Soto

Want to know more about Joe Soto? Get their official bio, social pages & articles!Full Bio

 

Why are US gas prices soaring when America barely uses Russian oil?

The initial lack of formal bans does not really matter in terms of gas prices. There's been a de facto ban on Russian oil since the invasion began, with most of the country's supply sitting unsold. investors are essentially pricing oil as if Russia's supply isn't available at all. And again, less supply = higher prices.

Why are US gas prices soaring when America barely uses Russian oil? See story here.


Sponsored Content

Sponsored Content