Gas prices increased by one cent Wednesday ending a nearly 100 day streak of price declines, according to data from AAA. The last time prices rose was on June 14.
The national average for a gallon of gasoline rose by almost one penny to $3.681 per gallon from $3.674 after steadily falling every day since early June, according to data from AAA.
However, Gross said there could be "some upward pricing pressure if global oil prices spike" as a result of Russian President Vladimir Putin calling for a partial mobilization of reservists for the first time since World War II. The total number of reservists to be called up could be as high as 300,000, according to The Associated Press.
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