Robert P. Murphy: U.S. gas prices rising despite limited Persian Gulf oil imports

Robert P. Murphy: U.S. gas prices rising despite limited Persian Gulf oil imports
U.S. gas prices up without Gulf oil

U.S. gas prices have increased even though the country does not import significant amounts of oil from the Persian Gulf. Robert P. Murphy addresses this apparent paradox in his latest InFi commentary. He offers an explanation for why higher prices make sense in the current context.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.