We don’t need any of the oil from the region, but it does move the needle on world oil markets. So it will bump up here a bit. If it is not just bluster by Iran, we can solve the problem very quickly.
I hope you're right, BUT in the last week, here in east Tennessee, I've seen gas prices jump from $2.54/gal up to $2.95/gal. I was able to fill up at Costco on Friday, however, for $2.69/gal, so we're seeing some market effects already, I think.
We don’t need any of the oil from the region, but it does move the needle on world oil markets. So it will bump up here a bit. If it is not just bluster by Iran, we can solve the problem very quickly.
I hope you're right, BUT in the last week, here in east Tennessee, I've seen gas prices jump from $2.54/gal up to $2.95/gal. I was able to fill up at Costco on Friday, however, for $2.69/gal, so we're seeing some market effects already, I think.