OPIS energy analysis global head Tom Kloza joins FOX Business to provide insight into how record gas prices are impacting the U.S. economy and inflation.
OPIS Energy analysis global head Tom Kloza argues he expects gas prices to stay elevated if summer hurricanes threaten oil refineries.Friday, warning that gas prices could reach "apocalyptic" numbers if the summer hurricane season threatens oil refineries. Let's be candid… what I'm hearing is the progress was on relaxing some of the summer standards for gasoline so that you can put some cheap components in and swell the.
OPIS Energy analysis global head Tom Kloza told FOX Business that gas prices could reach 'apocalyptic' numbers. I think for gasoline, we go back above five, and…apocalyptic numbers come into play with hurricanes. The thing that people have to watch…[what] is reallyare the values for diesel and jet fuel. Stocks of those fuels are not building. They're tight internationally, and that's where… we're going to have to pay the piper in the last hundred days of the year.
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