GasBuddy’s Patrick De Haan joins the show to break down the latest surge in gasoline prices, with the national average nearing $3.90 a gallon. With geopolitical tensions escalating in the Middle East, De Haan warns that $4 gas is a realistic possibility in the very near future. He explains the limited impact of the Strategic Petroleum Reserve (SPR) release, how quickly prices could drop if the conflict ends, and the real-world effects of the Jones Act waiver. He also details the key regional differences in gas prices across the US and offers practical tips for motorists to save money at the pump this spring.
Chapters:
0:00 – Intro: Warning of $4 Gas Soon
0:17 – How soon will gas hit $4, and will it be sustained?
0:55 – The US Strategic Petroleum Reserve (SPR) release vs. the Strait of Hormuz
2:00 – How fast would gas prices drop if the conflict ends?
2:54 – The impact of the Jones Act waiver on oil prices
3:52 – Key regional differences in US gas prices (coastal vs. interior)
5:03 – Impact of high prices on American spring and summer travel
5:59 – Tips and tricks for finding the best gas deal and improving fuel efficiency
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