Gas Prices Could Surge as Oil Supply Hits a Breaking Point

Gas prices are rising fast and the situation may be getting worse.Chuck Zodda and Mike Armstrong break down a critical turning point in the global oil market as the Strait of Hormuz remains effectively closed and US inventories begin to draw down.Also covered:Why US oil stockpiles are shrinking at a dangerous paceHow close the system is to minimum operational capacityWhat happens when supply can no longer meet demandWhy oil prices may need to rise sharply to rebalance the marketThe potential for extreme outcomes if disruptions continue into summerWhat it means for gas prices, inflation, and the broader economy if supply constraints persist.