Analyst breaks down current gas prices and what could be on the horizon

[anvplayer video=”5091297″ station=”998128″]

(ABC 6 News) – Minnesota gas prices have risen eight cents a gallon in the past week, averaging three dollars and 40 cents Monday according to GasBuddy.

With the price of crude oil around $30 more for a barrel than a year ago at around $90 at the core of this spike in prices, political fallout and disruptions with the supply and distribution of oil are also big factors as the situation with Russia and Ukraine unfolds.

Patrick Dehaan, a Petroleum expert with GasBuddy breaks down current prices and what’s expected in the months to come.