Could Gas Prices in Your State Reach $6? But it’s not so far-fetched anymore, with U.S. gas prices surging in the aftermath of Russia’s invasion of Ukraine, compounded by a growing imbalance between supply and demand. “It’s hard to get to $6,” Andy Lipow, president of Lipow Oil Associates, told CNN. “Before we get there, we would have significant demand destruction, not only here, but around the world.”See: POLL: Have Gas Prices Affected Your Driving Habits? Find: As Gas Prices Break Record Highs Again, Which States Are Paying the Most at the Pump?

Source: CNN May 18, 2022 15:54 UTC