Esso Dealer Predicts Gas Prices to Hit $6 Per Gallon

NASSAU, BAHAMAS – Bahamians can expect higher prices at the pumps amid Russia’s attack on Ukraine. One Esso dealer predicted consumers could pay $6/gallon.

Cherika Johnson has that angle.

Russia’s invasion of Ukraine may cause gas prices to skyrocket, according to Paul Hepburn, a proprietor of Esso Gas Station who warned consumers to expect gas prices to hit $6/ gallon.

Hepburn suggests consumers keep their gas tanks full as they could feel the increase in fuel prices within the next month. The Russian attacks caused turmoil in the financial markets. Oil surged to $105 per barrel for the first time since 2014 and experts predict that price could rise.