>>Keep your gas tanks/cans full<<
Why?
See post # 33
.
Middle East chaos historically causes gas prices to rise. Often an excuse to gouge or cause shortages
Gas prices here (mid-South) have jumped almost 20 cents. More than that since pre-Harvey.
Actually, they jumped due to the hurricanes’ damage, eased off a bit, jumped again (pipeline problem in, IIRC, upper Midwest), eased off a bit, and now have jumped quite a bit. IIRC, since pre-Harvey we are up around 30 cents, with no tax hike here I am aware of to contribute...
There is a lot of information and speculation over on oilprice.com, but, it’s all over the place.
IF Saudi and Iran were to knock out a significant part of each other’s production, it would take a while for other producers (eg., U.S. shale, etc.) to fill in the shortfall. The speculators are, I suspect, hoping for just that, and can create a sort of self-fulfilling bubble for a time, even if tensions subside.