Gas prices above $4 per gallon as Russia-Ukraine war impacts supply, disrupting global market

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Gas prices above $4 per gallon as Russia-Ukraine war impacts supply, disrupting global market
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The U.S. national average for a gallon of regular unleaded gasoline hit $4.009 on Sunday.

Meanwhile, U.S. lawmakers on both sides of the political aisle have been ramping up pressure on the Biden administration to ban all Russian oil and gas imports, but the administration has said it wouldn't be possible without creating an even bigger hike in gas prices at home.

During his State of the Union last week, President Biden announced the U.S. is releasing 30 million barrels from its Strategic Petroleum Reserve to protect consumers from the rising prices, but the average continued to climb.the U.S. is now considering a ban on Russian oil, but that it will be "in coordination" with European and NATO allies.economy," he said on NBC. "We’ve seen the ruble in free fall. We see the economy heading into a deep recession.

"President Biden should immediately reverse his devastating policies that are causing gas prices to skyrocket and are giving Putin leverage against the rest of the world and return to the policies that were working under President Trump to create American energy dominance with gas prices below $2 a gallon," House Minority Whip Steve Scalise, R-La., who sits on the House Energy and Commerce Committee, told Fox News Digital.

FOX News' Paul Best contributed to this report, which was originally published March 6, 2022, and has been updated.

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