Washington Timesstrangle global oil supplies, most volatile summer
Daily Signalspike as high as $10, Trump’s Iran war
Forecasts project the national average gas price reaching $4.48 per gallon by Memorial Day weekend and potentially $4.80 over the summer, exceeding the 2022 record of $4.43. Supported reports indicate two California refineries are shutting down, with possible local spikes to $10 per gallon. Claims of an active U.S.-Israeli conflict with Iran beginning February 28 and related tanker absences remain unverified.
Surging prices highlight the human cost of U.S. military involvement in the Middle East, with working families bearing the brunt through higher costs and oil companies gaining windfalls.
“Foreign policy choices prioritizing confrontation over diplomacy, plus urgency of shifting to renewables”
Conservative
High prices reflect Middle East instability compounded by prior U.S. policies restricting domestic production and state-level regulations accelerating refinery closures.
“Value of American energy dominance and criticism of green mandates”
Libertarian
Government policies and foreign entanglements restrict individual economic freedom by limiting supply and raising mobility costs for consumers.
“Removal of regulatory barriers to allow market responses”
Devil's Advocate
All views accept unverified conflict claims without scrutiny and overlook pre-existing domestic refinery issues or projection reliability.
“Shared premise inflates geopolitical narrative while ignoring market mechanics and sourcing incentives”