VIDEO EXPLAINER: Why you’re paying more for gas and groceries

Houston – For months, we’ve watched the price of gas tick upwards. Now with President Joe Biden’s new ban on Russian oil amid the Ukraine war, prices are expected to rise even more.

So what goes into the price of gas that you pay and why will it drive up the cost of other things your family needs?

KPRC 2 Investigates’ Joel Eisenbaum breaks it down in the video featured above.


RELATED: Is it time to buy an electric vehicle? (click2houston.com)


About the Authors:

Award-winning broadcast journalist covering local, regional, national and international stories. Recognized in the industry for subject matter expertise including: Legal/Court Research, the Space Industry, Education, Environmental Issues, Underserved Populations and Data Visualization.