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James Surowiecki questions why U.S. gas prices have risen by $1 at the pump over the past month, despite the country not being directly affected by the Strait of Hormuz.
His comment reflects growing concern over domestic fuel costs amid global events that may not have a clear connection to the U.S. energy market.
Surowiecki recently noted that oil and gas price increases may influence U.S. policy moves after a 1 percent drop in futures markets. He has also questioned whether providing maritime insurance at below-market rates could undermine firms that opt for market-priced policies, according to a separate analysis. His ongoing commentary highlights the scrutiny surrounding energy costs and market-related policies.