Map shows average gas price in each Pennsylvania county<\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\tWINTRY MIX FRIDAY BEFORE WE WARM UP AGAIN LATE IN THE WEEKEND. WELL, YOU MAY HAVE NOTICED THIS IF YOU FILLED UP YOUR CAR TODAY, THE NATIONAL AVERAGE FOR A GALLON OF GASOLINE JUMPED $0.11 OVERNIGHT. IT NOW SITS AT 3.11 NATIONALLY. MEANWHILE, HERE IN NEW HAMPSHIRE, IT WAS SMALLER BUT STILL INCREASED $0.07. NOW SITTING AT 2.93 A GALLON. DOCTOR MASSOUD SAMI IS JOINING US LIVE NOW. HE IS THE FORMER CHAIRMAN OF THE INTERNATIONAL BUSINESS DEPARTMENT AT SNHU, ALSO A FORMER SENIOR ECONOMIST FOR THE ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES. SO, DOCTOR, IT\u2019S GREAT TO GET YOUR EXPERTISE THIS AFTERNOON. WE\u2019VE BEEN SEEING GAS PRICES TYPICALLY START CLIMBING THIS TIME OF YEAR ANYWAY BECAUSE THERE\u2019S THE SEASONAL DEMAND. THERE\u2019S THE SWITCH OVER TO A SUMMER BLEND. THAT\u2019S GOING TO HAPPEN PRETTY SOON. BUT HOW IS THE MILITARY CONFLICT WITH IRAN ACCELERATING THE PRICE INCREASES WE\u2019RE SEEING, ESPECIALLY OVERNIGHT INCREASES LIKE THIS? YES, BECAUSE THERE IS A HUGE AMOUNT OF RISK FOR THE CUT OFF OF THE OIL FROM THE PERSIAN GULF AREA. THAT\u2019S ABOUT ALMOST 20 MILLION BARRELS OF CRUDE OIL PASSES THROUGH THERE. 20% OF THE WORLD OIL CONSUMPTION GOES THROUGH THE AREA, THAT AREA, AND THAT HAS TO PASS THROUGH A NARROW STRAIT OF HORMUZ THAT IF IT\u2019S CLOSED BY IRAN, THERE WOULD BE MAJOR DISRUPTION IN OIL. AND DOCTOR PRESIDENT TRUMP IS MENTIONING THAT THE MILITARY OPERATION, IN HIS VIEW, AGAINST IRAN, HE\u2019S SAYING THAT THE CURRENT TIME FRAME WOULD BE AT LEAST 4 TO 5 WEEKS, MAYBE LONGER. SO IN YOUR VIEW, WHEN IT COMES TO THE OIL SITUATION AND OIL PRICES FOR BOTH THE BARREL AND WHAT PEOPLE PAY AT THE PUMP, WHAT DO YOU SEE IN THE SHORT TERM? AND THEN WHAT DO YOU SEE, MAYBE MORE IN THE LONG TERM? IN THE SHORT TERM, PROBABLY WE\u2019LL SEE A LITTLE BIT MORE INCREASES. BUT IT DEPENDS UPON THE POLICY IN THE SENSE WE HAVE A STRATEGIC PETROLEUM RESERVE IN THE UNITED STATES THAT\u2019S ALREADY ABOUT 400 MILLION BARRELS OF OIL. THAT WOULD BE A CONSIDERABLE AMOUNT THAT WE CAN USE IF WE NEED TO. ALMOST WE WE HAVE WE PRODUCE A LOT OF OIL DOMESTICALLY, BUT WE STILL IMPORT SOME. SO THE STRATEGIC PETROLEUM RESERVE CAN COVER THE AMOUNT THAT WE IMPORTING FOR A NUMBER OF NUMBER OF WEEKS. BUT IF IT GOES MORE THAN FOUR WEEKS OR FIVE WEEKS, THEN WE WILL BE SEEING QUITE A LOT OF SHORTAGE IN THE UNITED STATES IN TERMS OF THE CRUDE OIL AND OIL PRODUCTS, INCLUDING GASOLINE. YEAH. SO IN TERMS OF CRUDE ITSELF, WE KNOW THE BARREL PRICES OBVIOUSLY ARE IMPACTED BY GEOPOLITICS AND A MYRIAD OF FACTORS. ON SUNDAY, EIGHT COUNTRIES THAT ARE PART OF THE OPEC OIL CARTEL ANNOUNCED THEY\u2019RE GOING TO BE BOOSTING PRODUCTION OF CRUDE NEXT MONTH BY ABOUT 206,000 BARRELS PER DAY. WHAT DOES THAT INCREASE SIGNAL TO YOU? I KNOW THAT MEETING HAD HAPPENED BEFORE THE IRAN SITUATION STARTED TAKING PLACE. THEY HAD THIS MEETING PLANNED ALREADY. BUT WHAT DO YOU SEE WHEN IT COMES TO OPEC INCREASING THE NUMBER OF BARRELS? AND WHAT ARE THE POTENTIAL EFFECTS OF THAT? WELL, IF THERE WAS NO CONFLICT, THAT WOULD HAVE HELPED TO BRING THE PRICE DOWN EVEN FURTHER, BUT WHICH WAS NOT THAT HIGH GASOLINE PRICES, FOR EXAMPLE, A FEW WEEKS AGO. BUT WITH THIS CONFLICT, IT DEPENDS WHERE THEY INCREASE THE SUPPLY. IF IT COMES FROM THE PERSIAN GULF COUNTRIES, YOU KNOW, SAUDI ARABIA, KUWAIT, EMIRATES, QATAR, STILL THE OIL HAS TO PASS THROUGH STRAIT OF HORMUZ. THAT IS, YOU KNOW, IT\u2019S A VERY NARROW WATERWAY THAT GETS THE OIL, OIL TANKERS TO THE TO THE INTERNATIONAL MARKET. SO IF THAT IS CLOSED BY ANY CHANCE, IRAN IS SUCCESSFUL IN CLOSING, THAT THEN WOULD BE A MAJOR, MAJOR PROBLEM THERE. YEAH. I MEAN, WE\u2019LL ALL BE WATCHING THAT LITTLE STRIP OF WATERWAY VERY, VERY CLOSELY OVER THESE NEXT FEW WEEKS. DOCTOR MASOUD SAMI, THANK YOU SO MUCH FOR JOINING US, AND THANKS FOR YOUR EXPERTISE THI\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n
\t\t\t<\/p>\n \t\t\t<\/a><\/p>\n \t\t\t\t\t \n\t\t\t\t\t\tMilitary action in Iran is starting to impact prices at the pump as Americans have seen gas prices rise since strikes began in the Middle East on Saturday. We’re keeping track of gas prices in Pennsylvania. The Get the Facts Data Team put together a map that shows what prices look like in your area using data provided by AAA. The map updates once a day early in the morning. You can view the map below.Crude oil prices in the U.S. have spike since Feb. 26 when it was tracked at about $65 per barrel. Want to see how our area compares to other parts of the country? Use the Get the Facts Data Team’s gas price tracker to see how much it’s costing people in other states to fill up their tank. PHNjcmlwdCB0eXBlPSJ0ZXh0L2phdmFzY3JpcHQiPiFmdW5jdGlvbigpeyJ1c2Ugc3RyaWN0Ijt3aW5kb3cuYWRkRXZlbnRMaXN0ZW5lcigibWVzc2FnZSIsKGZ1bmN0aW9uKGUpe2lmKHZvaWQgMCE9PWUuZGF0YVsiZGF0YXdyYXBwZXItaGVpZ2h0Il0pe3ZhciB0PWRvY3VtZW50LnF1ZXJ5U2VsZWN0b3JBbGwoImlmcmFtZSIpO2Zvcih2YXIgYSBpbiBlLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdKWZvcih2YXIgcj0wO3I8dC5sZW5ndGg7cisrKXtpZih0W3JdLmNvbnRlbnRXaW5kb3c9PT1lLnNvdXJjZSl0W3JdLnN0eWxlLmhlaWdodD1lLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdW2FdKyJweCJ9fX0pKX0oKTs8L3NjcmlwdD4=\n\t\t\t\t\t<\/p>\n Military action in Iran<\/a> is starting to impact prices at the pump<\/a> as Americans have seen gas prices rise since strikes<\/a> began in the Middle East on Saturday. <\/p>\n We’re keeping track of gas prices in Pennsylvania. The Get the Facts Data Team<\/a> put together a map that shows what prices look like in your area using data provided by AAA<\/a>. The map updates once a day early in the morning. You can view the map below.<\/p>\n
\n\t\t\t\t\t\tData Visualization Journalist
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