Why Ukraine (situation) is spiking gas prices

[IroNat]

https://nypost.com/2022/03/19/why-gas-prices-are-spiking-even-though-us-has-enough-energy/

We’re currently the world’s top producer of crude oil, gasoline’s raw ingredient, and generate more crude than we consume. We also sell more of it overseas than we buy from foreign companies.

Yet we still rely heavily on imported oil.

That’s because our wells are located far from the Northeast and West Coast, where most of our gasoline is consumed, and we don’t have the pipelines to transport it.