Gas prices… Will they Spike up Again? Why are they Rising?

Season 4, Episode 10: Welcome back to Keeping it Real with Dr. Kuehl. This week Dr. Kuehl focused on fuel pricing. ASA Chief Economist Dr. Chris Kuehl is back with his weekly economic update podcast. In Season 4, Episode 10 (8:09 in length), Dr. Kuehl answers a question regarding oils, gas, and fuels.   Will oil prices per barrel level stay in the 70s and 80s? Is the United States at a place where we could take care of all our needs with our own production?     A gallon of gas is half crude oil… what does that affect? The other half of fuel is production… what is the refinery cost?      What is the biggest problem with the refinery capacity? What does the affect of investor hesitation have on gas prices?   Will we still be 70% - 80% dependent on fossil fuel by 2070? The consumer is pushing in other directions… why?   Prices will go up… but with a lot of variations.What fuel price is going to be the most volatile for ASA membersIs there good news for crude oil demand and supply?Ask Dr. Kuehl a QuestionHave a question or topic for Chris Kuehl that you would like answered on this podcast? Email it to Bri Baresel at [email protected].