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Economy, Energy

“Here comes $7 gas prices, warns oil strategist in dire outlook”

“Drivers best start bracing for another surge in gas prices amid the conflict between Russia and Ukraine and years of under-investment by the oil industry, warns one veteran energy strategist.

“My guess is that you are going to see $5 a gallon at any triple-digit [oil prices] … as soon as you get to $100. And you might get to $6.50 or $7. Forget about $150 a gallon, I don’t know where we will be bv then,” Energy Word founder Dan Dicker said on Yahoo Finance Live…”

https://news.yahoo.com/here-comes-7-gas-prices-warns-oil-strategist-in-dire-outlook-171816915.html

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