Oil Analyst: Gas Prices Will Reach ‘Apocalyptic’ Levels If Hurricane Hits This Summer

Oil Analyst: Gas Prices Will Reach ‘Apocalyptic’ Levels If Hurricane Hits This Summer
Gas prices over the $6.00 mark are advertised at a 76 Station in Santa Monica, Calif., May 26, 2022. Lucy Nicholson/Reuters
Jack Phillips
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An energy analyst suggested Friday that gas prices may skyrocket even more if a hurricane hits an oil refinery, warning that they may reach “apocalyptic” levels.

“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 gasoline pool,” Oil Price Information Service energy analysis global head Tom Kloza told Fox Business.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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