Gas prices continue to rise as Russia hits Ukraine

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Gas prices continue to rise as Russia hits Ukraine

The average gas price in the U.S. rages on, and is expected to continue rising as the energy supply crunch continues.

The average gasoline price in the U.S. rose to $4.47 on Sunday morning, according to the latest numbers from AAA. The price on Saturday was $4.452.

Some states with higher-than-average prices include California at $5.92 a gallon and Hawaii at $5.32.

Diesel had its highest recorded cost just above $5.56.

The national average was $3.53 before Russia hit with sanctions for invading Ukraine, threatening the already tight global oil market.

He estimated that the national average could surge as high as $4.50 per gallon.

Americans are facing record high prices at the pump, according to AAA. One of the most high-profile oil and gas lease sales pending before the Department of the Interior was canceled.

President Biden signed an executive order that temporarily suspends new oil and gas leases on federal lands during his first week in office. The administration took over the lease last month after court challenges against the ban. The administration is appealing a decision in which Judge James Cain, a Trump appointee, has struck down the ban.