Source: Deseret News —
Russia’s invasion of Ukraine has started to impact the prices at the pump, which could have a knockdown effect on the housing market.
How high are gas prices right now?
The national average for a gallon of gas recently hit $4.06, which is the highest since July 2008, according to AAA.
- That might not slow down as the average price is expected to hit a new all-time record this week, according to Gas Buddy.
- Gas prices could hit $4.25 per gallon by Memorial Day, according to Gas Buddy. The current record is $4.10 per gallon.