Disruption to Ukraine Pipeline by Russian Shelling Impacts US Gas Prices: Expert

Kevin Hogan
By Kevin Hogan
March 15, 2022NTD News Today
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The West has attempted to isolate Moscow through sanctions. But now India says it may agree to buy Russian oil at a discount. To learn more about how this will impact Americans, NTD spoke with oil and gas expert Joel Burcat. He says this will indirectly cause higher gas prices in the United States because there will be less Russian oil for Europe, which is buying more oil from the United States. And when there is less supply, prices typically go up. Burcat also explained how else the war in Ukraine will affect the U.S. economy.

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