One of many ripple results from the excessive tensions in Ukraine is rising oil costs.
This morning, crude oil futures handed the $95 a barrel mark, which may imply extra ache on the pump for drivers in Central New York.
A yr in the past, gasoline was averaging round $2.69 a gallon throughout the state. Now, AAA says it is up round $3.75.
New York lawmakers say it is placing a monetary pressure on working households. Senate Majority Chief Chuck Schumer says he’s exploring a brief pause on the federal gasoline tax.
“I believe everyone ought to have a look at it the worth of gasoline has gone via the roof as have many different issues, and one of many issues my caucus is taking a look at is the federal tax, and I might encourage the state to have a look at their taxes, too,” stated Schumer.
AAA specialists say in Syracuse, the typical price for the worth of gasoline is $3.71 a gallon.