The price of a barrel of crude oil shot up by more than $10, reaching almost $80, after the joint US and Israeli attack on Iran began Saturday, triggering ripple effects at gas pumps in many markets — including the US, where voters are likely to blame the expense on Trump.
Meanwhile, alarm bells are going off in the White House, with chief of staff Susie Wiles telling president Donald Trump’s advisors to come up with ideas on how to keep gas prices from spiking, as Politico reports.
One energy industry executive told the publication that the White House is “looking under every rock for ideas on improving energy prices, especially gasoline prices.”
SixIsNotANumber on
Who could have predicted this?!?!?
^^^^/s
ssthehunter on
Fun fact, roughly 10% of oil consumed in the United States is imported from middle eastern countries.
On a *completely* unrelated note, are we ready to see a 100% permanent increase in gas prices, alongside record breaking profits for oil companies, due to the new conflict?
OldButStillFat on
Oh kay.
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The price of a barrel of crude oil shot up by more than $10, reaching almost $80, after the joint US and Israeli attack on Iran began Saturday, triggering ripple effects at gas pumps in many markets — including the US, where voters are likely to blame the expense on Trump.
Meanwhile, alarm bells are going off in the White House, with chief of staff Susie Wiles telling president Donald Trump’s advisors to come up with ideas on how to keep gas prices from spiking, as Politico reports.
One energy industry executive told the publication that the White House is “looking under every rock for ideas on improving energy prices, especially gasoline prices.”
Who could have predicted this?!?!?
^^^^/s
Fun fact, roughly 10% of oil consumed in the United States is imported from middle eastern countries.
On a *completely* unrelated note, are we ready to see a 100% permanent increase in gas prices, alongside record breaking profits for oil companies, due to the new conflict?
Oh kay.