U.S. gas prices, currently hovering at around $3.5 per gallon, could soon double to $7 as pressure mounts between Ukraine and Russia, according to a prediction by an energy expert. “My guess is that you are going to see $5 a gallon at any triple-digit [oil price] … as soon as you get to $100. And you might get to $6.50 or $7,” Dan Dicker, founder of Energy Word, said to Yahoo Finance. Dicker sees oil going higher than $150 per barrel, mirroring the spike in prices back in 2007. After slipping below $20 per barrel in April 2020, crude oil is currently trading at around $91 per barrel. For this year, oil prices have surged by roughly 16 percent. At U.S. gas stations, customers are currently paying $3.53 on average for a gallon of regular gas, up 6.46 percent from a month ago and 37 percent from a year ago, …
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