Gas Prices Are Up Nearly A Dollar From Last Year

The video discusses the financial strain caused by inflation, which has reached a 40-year high. Despite decreased demand, costs are rising, with gas prices notably increasing. The Ukraine conflict exacerbates the situation, potentially affecting oil supply and further impacting the economy. The video highlights the challenges faced by consumers and businesses reliant on transportation, emphasizing the need for resolution to avoid significant economic ramifications.

What is the current average price of gas per gallon as mentioned in the text?

In what ways has the pandemic impacted inflation according to the text?