Ukraine unrest could raise gas prices

JACKSONVILLE, Fla. -- The crisis in Ukraine has many people wondering how the situation could impact the First Coast. The answer is -- at the pumps.

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Economists say the unrest in Ukraine has oil prices on the rise and they say that means gas prices can be expected to follow suit.

"The oil markets are all interconnected and they're international and given that oil prices are going up internationally, we should expect oil prices to go up domestically, which would mean gasoline prices will go up too," said UNF Professor of Economics Paul Mason.


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