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6 hours ago

Gas is back at $4, but analyst Matt Smith says diesel near $172 a barrel is the real threat, fueling inflation risks and near-record refiner margins.

Gas is back at $4, but analyst Matt Smith says diesel near $172 a barrel is the real threat, fueling inflation risks and near-record refiner margins.

The national average price of gasoline hit $4 a gallon on Monday, up 15% in a week, as conflict in the Strait of Hormuz spread to Saudi Arabia. But one commodity analyst says drivers are looking at the wrong number. “The pain has essentially been... Read more.

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