{"id":199841,"date":"2026-03-11T13:30:22","date_gmt":"2026-03-11T13:30:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/199841\/"},"modified":"2026-03-11T13:30:22","modified_gmt":"2026-03-11T13:30:22","slug":"how-will-the-spike-in-gas-prices-affect-houstons-economy-houston-public-media","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/199841\/","title":{"rendered":"How will the spike in gas prices affect Houston\u2019s economy? \u2013 Houston Public Media"},"content":{"rendered":"<p>As the Iran war intensified, gasoline prices in Houston <a target=\"_blank\" href=\"https:\/\/gasprices.aaa.com\/?state=TX\" rel=\"noopener nofollow\">increased around 50 cents<\/a> in the last week, bringing the average price per gallon above $3 for the first time in recent memory, according to AAA.<\/p>\n<p>Sign up for the <a href=\"https:\/\/www.houstonpublicmedia.org\/hellohouston\/\" target=\"_blank\" rel=\"nofollow noopener\">Hello, Houston!<\/a> daily newsletter to get local reports like this delivered directly to your inbox.<\/p>\n<p>That increase is squeezing household budgets and rattling the economic engines of cities like ours, where the boom and bust cycles of the oil and gas industry touch the finances of nearly every family in the region.<\/p>\n<p>Energy industry analyst Loren Steffy joins Houston Matters host <a target=\"_blank\" href=\"https:\/\/www.houstonpublicmedia.org\/staff\/craig-cohen\/\" rel=\"noopener nofollow\">Craig Cohen<\/a> (audio and video above) to help us understand what this sharp price spike means for Greater Houston, both for consumers and for our economy, which is so affected by the energy industry. Steffy is an author, a writer-at-large for Texas Monthly, and the managing director of 30 Point Strategies, who has spent decades chronicling the energy industry and its impact on American life.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-545752\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/03\/Loren-Steffy-on-Houston-Matters-1000x556.jpg\" alt=\"Loren Steffy talking via Zoom\" width=\"1000\" height=\"556\"   data-eio=\"p\"\/>Energy industry analyst Loren Steffy speaks with Houston Matters host Craig Cohen via Zoom.<\/p>\n","protected":false},"excerpt":{"rendered":"As the Iran war intensified, gasoline prices in Houston increased around 50 cents in the last week, bringing&hellip;\n","protected":false},"author":2,"featured_media":199842,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[451,6782,1544,56,58,4978,57,31231,74789,66,27800,223,6786,4979],"class_list":{"0":"post-199841","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-houston","8":"tag-energy","9":"tag-energy-environment","10":"tag-gas-prices","11":"tag-houston","12":"tag-houston-headlines","13":"tag-houston-matters","14":"tag-houston-news","15":"tag-iran","16":"tag-iran-and-u-s","17":"tag-local","18":"tag-loren-steffy","19":"tag-news","20":"tag-oil-and-gas","21":"tag-shows"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/199841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=199841"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/199841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/199842"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=199841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=199841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=199841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}