The New Republic

“Sounding the Alarm”: Oil Execs Rush to Warn Trump About Gas Prices (opens in new tab)

Gas prices could climb even higher in the coming months.Industry officials have already warned the White House that the prices could spike yet again due to rapidly diminishing inventories, reported The Washington Post Thursday.Since the beginning of the Iran war, commercial and government inventories have supplemented gas consumption across the U.S. The reserves have allowed prices to hover around $4.50 per gallon for the last four months—but that could change very quickly, according to oil a...

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