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How the war in Ukraine is fueling sky-high gas prices

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Prices for gas and diesel fuel, over $5 a gallon, are displayed at a gas station in Monterey Park, California, on March 4, 2022.

Prices for gas and diesel fuel, over $5 a gallon, are displayed at a petrol station in Monterey Park, California on March 4, 2022. - Californians filling up their cars on March 4, winced at the spiraling cost of gasoline, but largely shrugged as residents of the state that has long had the highest gas prices in the United States. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images) Frederic J. Brown/AFP via Getty Images

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Segments From this episode

How rising oil prices make gasoline more expensive

by Justin Ho Mar 7, 2022
Gas prices are based on oil prices, and traders are getting nervous about a potential ban on imported Russian oil.

Why do we import Russian (and other foreign) oil when we have a lot of it in the U.S.?

by Andy Uhler Mar 7, 2022
The way U.S. oil refineries are set up has a lot to do with it.

Ukrainian students in the U.S. face emotional, financial hardships

by Kristin Schwab Mar 7, 2022
As the end of the school year nears, those students who cant or don't feel safe returning home will have to find housing and a way to pay for it.

What it means to cut off Russia's economy with sanctions

by Mitchell Hartman Mar 7, 2022
Closing off an economy as large and complicated as Russia's has far-reaching implications.

Ukrainians in the U.S. struggle to send money home as war rages

by Lily Jamali Mar 7, 2022
In a typical year, they send more than $500 million to family and friends. Now, it's not easy.

After 2 years in the pandemic economy, businesses still face uncertainty

by Sean McHenry Mar 7, 2022
But it's not necessarily the pandemic that's driving it. Three businesses on three continents share what they're seeing.

Music from the episode

Go Gina SZA
Carefully Little People
Notion Tash Sultana
Lush Four Tet
Inside Out Spoon
Pyramid Blue Richard Houghten
Hold On, We're Going Home Drake, Majid Jordan

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