RUSH EXCERPT:DE HAAN: “Based on where we are now, the national average could rise another 15 to $0.25. I would hope that it would stop short of $4 a gallon but the real question is when will vessels start transiting the Strait of Hormuz? That‘s really what oil prices and markets are looking most closely at, is when will the resumption of 20 million barrels of oil per day continue through the strait? Until then, gas prices likely continue advancing , oil prices will likely keep climbing until that oil can move again.”
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GasBuddy’s Patrick De Haan: ‘Gas Prices Could Rise Another 15 to 25 Cents’ Until Oil Moves Through Strait of Hormuz‘Gas prices likely continue advancing‘News & PoliticsRUSH EXCERPT:DE HAAN: “Based on where we are now, the national average could rise another 15 to $0.25. I would hope that it would stop short of $4 a gallon but the real question is when will vessels start transiting the Strait of Hormuz? That‘s really what oil prices and markets are looking most closely at, is when will the resumption of 20 million barrels of oil per day continue through the strait? Until then, gas prices likely continue advancing , oil prices will likely keep climbing until that oil can move again.”Video filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Audio filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Recipient e-mailMessage (optional)Preview
Source: Grabien Stories
