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US gas fueling up for ‘highest prices of a generation,’ energy expert warns
US gas to see ‘highest prices of a generation’: Energy expert
OPIS Energy Analysis global head Tom Kloza says getting gas prices down will take ‘a little luck.’
Despite a gas price "reprieve" this week, one energy expert cautioned the road to lower prices isn’t quite clear yet on "Mornings with Maria" Friday.
"The people I know that chart this for a living think that the wholesale price could get above $5, which would indicate a $6 retail price," OPIS Energy Analysis global head Tom Kloza told FOX Business’ Maria Bartiromo.
"I do think that we could see the highest prices of a generation, even when adjusted for inflation," he continued, "these prices are going to be very, very high."
The energy expert explained there are "too many things" that can send gas prices higher this summer, including Vladimir Putin leveraging Russian oil supply, high consumer demand and potential inclement weather in the Gulf of Mexico.
GAS PRICES: THOUSANDS OF STATIONS IN GULF COAST REGION REPORTEDLY BELOW $4