Trump's Iran Claim Contrasts with Soaring Gas Prices
Salt Lake City News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
President Trumps optimistic stance on Iran contrasts with soaring gas prices, a result of the wars impact on global oil supplies. The national average for gasoline has surged by 4 cents to $3.91, up from $2.93 a month ago. A majority of Americans feel the pinch, with 55% reporting financial strain due to the wars effect on gas prices. Nearly 9 in 10 anticipate further price increases next month. Experts label this the most significant oil shock ever, potentially surpassing the 1973 crisis. Saudi officials warn of oil reaching $180 a barrel if fighting persists into April, amidst strikes on energy sites. The administration has already released 172 million barrels from the Strategic Petroleum Reserve, with more releases considered to alleviate the pain at the pump.
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