Russia’s Invasion of Ukraine Could Send US Gas Prices to $4 a Gallon, Analysts Say

Gas is pumped into a vehicle in Los Angeles on Feb. 23, 2022. Frederic J. Brown/AFP via Getty Images

The conflict in Ukraine is already impacting gas prices in the United States, as the national average gas price hit $3.54 a gallon compared to $2.65 this time last year, according to the American Automobile Association (AAA) report on Thursday.

Earlier in the week, average prices were $3.51 a gallon, said the AAA.