Gas Prices Set to Skyrocket: Economist Drops Bombshell on MS NOW

“It’s gonna be years,” economist Henrietta Treyz dropped the bombshell on MS NOW’s Alex Witt, leaving her momentarily speechless. The Veda Partners co-founder and economic policy director laid out a dire prediction for American gas prices that has everyone talking.

Witt, probing for a “realistic” timeline, asked Treyz what would happen if Donald Trump’s hypothetical Iran war ended tomorrow. The answer? A chilling forecast that left viewers reeling.

Treyz warned that the flow of oil tankers through the Strait of Hormuz—where a staggering one-fifth of the world’s oil passes—would remain disrupted until September. “So my calculation is that, on the trajectory we’re at right now, we should be expecting $4.90 gas by the end of next week,” she stated, adding ominously that prices could soar to $5 or more by Memorial Day.

But wait, there’s more. Treyz pointed out the staggering 300% increase in insurance costs for tankers and the fact that “80 of the largest refiners and energy producers on Earth have been bombed.” The implications? A long road ahead before any semblance of normalcy returns.

“It’ll be years until those facilities are back up and running and we’re near anything with a $2 in front of it for gas,” she declared, sending shockwaves through the audience.

Witt, trying to process the grim news, quipped, “Ohh, great timing with the summer driving season coming up.” She pressed further, “So, you’re saying it’s how long until we get something with a 2 in front of it per gallon of gas? You’re saying years?”

“I’m saying years,” Treyz confirmed, her tone unwavering. “September until we get back to anything with a regular flow and then you’ve got to rebuild 80 facilities.”

“It’s gonna be years,” she reiterated, driving the point home.

After a lengthy pause and a small shake of her head, Witt finally managed to respond: “Wow.”

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