Episode Details
Back to EpisodesNorth Texans Feel Gas Price Squeeze
Description
North Texans grapple with soaring gas prices due to Middle East conflict, with crude oil surpassing $90 per barrel and unleaded gas nearing $3 per gallon. Spring break travel may exacerbate demand, while Iran tensions drive up crude, gasoline, and diesel costs. Drivers and businesses face financial strain, but a Texas oil producer sees potential short-term profits and job growth. Experts advise against panic buying, predicting prices could rise another 10-30 cents but potentially dip back below $3 once tensions ease.
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