@nbcphiladelphia: As the price of crude oil rises due to the war with Iran's damage to worldwide energy production, consumers are feeling the pinch. Gasoline prices are climbing, and many people will find some of the most immediate economic pain at the pump. But you don't have to drive a car to be affected. Nearly all goods — including food — that are bought and sold must travel from where they’re produced. Those costs will climb with higher gasoline, diesel and jet fuel prices. And the spike in oil prices will likely be a big factor for U.S. inflation. As the war continues, some experts say the price of, well, everything could be affected. “The longer this lasts, the more significant the shock would be,” said Gregory Daco, chief economist at consulting firm EY-Parthenon. Here's how the growing cost of oil and gas could impact consumers as the war continues. Gasoline, diesel and jet fuel are made from crude oil. As the cost of crude climbs, so do the prices of those widely used products, which keep equipment, cars, buses, delivery trucks and airplanes running. The spike in oil prices is likely to further push up gasoline prices, and could be felt more significantly in Asia and Europe, which are more dependent on Middle Eastern oil and gas than the United States.

Kristin ᥫ᭡ :

It’s already at $4.00 in south jersey smfh

Raccoon :

short time pain for long time gain.

Joe Tidwell :

and gas will go back down here soon

Just here for the plot :

it's almost like people told us this would happen

Eduardo :

😤😤😤

Stratajim :

Cool. So I prolly gotta sell my Camaro now 🥺

user7471572938340 :

You gotta realize this in Jersey right now is 359 a gallon get that stuff right

قُلُوب مُطمَئِنّة | CalmHearts :

Joe Tidwell :

3.00 bucks in NC

sophisticated gentleman :

trump did that 🙏

E Nez :

will you guys report how low they get when they start dropping very soon

Gear Grabba :

Pay attention to diesel prices because it’s what keeps the world moving

Gracie :

All those saying it's Trump's fault, are the same ones who yelled "The President doesn't control gas prices" when it was almost $5 under Biden. 😂

Plop :

and people will still vote maga. cult.

633 Stag Trail Road :

and when it was at least a dollar more for a year under biden, you said shit. please do a follow up when gas prices fall in a week. biased news

lizzyborden1967 :

Not as high as Biden was an office and nobody gave a crap then… Now because it’s Trump. Everybody gives a crap… They will be lower soon… do the research.