Trending

BREAKING: Janet Yellen Issues Grave Prediction About Future of Gas Prices

If you’re like most Americans, you probably rely on your car to get around. And if you rely on your car to get around, then you know that gas prices are a big deal. Well, according to Janet Yellen, the future of gas prices is looking pretty grim.

According to the Daily Caller, Due to upcoming EU sanctions on Russian oil, Treasury Secretary Janet Yellen said Sunday that Americans may pay more for gas this winter.

Since the EU will no longer buy Russian oil at the end of 2022, Yellen told CNN there was a “risk” of gas prices rising at the beginning of 2023. The G7 and the EU are working to cap Russian oil prices to prevent gas prices from rising too high, Yellen said.

Based on AAA data, the average national gas price has fallen for three months from more than $5 a gallon in June to $3.72 today.

According to AAA, gas prices are on average $0.55 higher than they were on Sept. 13, 2021.

Next News Network Team

Recent Posts

Kevin Costner Breaks Silence: ‘Crushing’ Divorce and Moving Forward

"Kevin Costner Breaks Silence: 'Crushing' Divorce and Moving Forward" "Hollywood Icon Kevin Costner Opens Up…

4 months ago

Walgreens Considers Major Store Closures Amid Retail Challenges

Walgreens Boots Alliance CEO Tim Wentworth announced potential closures of a "meaningful percent" of the…

4 months ago

Dave Grohl’s Concert Pause: Foo Fighters Frontman Puts Safety First

Dave Grohl, Foo Fighters frontman, halted a concert in Birmingham to address a crowd disturbance.…

4 months ago

Panthers’ Paradise: Florida’s Stanley Cup Celebration Reaches Legendary Status

The Florida Panthers have etched their names in NHL history not just for their on-ice…

4 months ago

Chanel West Coast’s Double Life: New Reality Show Reveals Star’s Struggles

By day, I'm mom. By night, I'm an artist," Chanel West Coast says in the…

4 months ago

Media Matters Funnels Six-Figure Sum to Board Member’s Firm

Media Matters for America, a nonprofit focused on correcting "conservative misinformation," paid $105,000 in 2022…

5 months ago