Gasoline prices have come up recently, and they could be headed up more in the future.
"The market does not like uncertainty," says AAA oil market analyst Don Redman, and he says that's what the market got when the Biden administration announced new sanctions on Russian oil.
AAA says the current average price for a gallon of regular gas in New Orleans is $2.79.
Redman said tough talk from the Trump team has speculators wondering if the sanctions will continue, or get even tighter.
"They're essentially saying that if we can't make a peace deal between Russia and Ukraine, shortly, quickly, than there's going to be even tougher sanctions," said Redman.
He said that was enough to spook the market, and sent gas prices up even though it's a time of year when gas prices usually come down.
"I think that's why you saw that increase, nine percent," said Redman. "I don't know if that affected the supply by any means, but it did boost the price for crude and so that's where you saw that little optics in prices."
