Sample said it’s changed how he thinks about driving these days.
“Pretty much all the rivers out of Southcentral I probably won’t travel to this year, where I otherwise would have. Between filling the truck and filling the boat, it’s pretty expensive to go very far,” he said.Longtime oil industry observer Larry Persily said the recent spike can be ascribed to the Russian invasion of Ukraine, which threw uncertainty into the market and lowered the supply of crude oil, as countries around the world moved to ban Russian oil.
“We just don’t have the ability in this country to make as much fuel. We just don’t have as many refineries pumping out as many barrels,” Persily said. “So high oil prices, constrained supply from refineries, growing demand. It’s just expensive for gasoline.”
In Anchorage, not going out of town? Consider public transportation.
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