Oil Executives Warn Trump of Gasoline Price Surge as Fuel Inventories Hit Critical Lows

3 articles · Updated · Seeking Alpha · Jun 14

Gasoline prices at the pump could climb sharply in coming months, oil and gas executives warned the Trump administration, according to a Washington Post report.
Critical fuel inventory declines are driving the warning, raising the risk of tighter supply just as the administration tries to keep inflation contained.
Higher pump prices would complicate that inflation fight by feeding directly into household energy costs and broader consumer-price pressures.

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Could this extreme oil price volatility inadvertently fast-track the global shift to alternative energy sources?

Why isn't America's record energy production protecting drivers from record-high gas prices?

With emergency oil buffers set to run out, what happens to global prices when the safety net is gone?