Pain At The Pump Here To Stay As Ukraine Crisis Impacts Gas Prices

The video discusses the rise in gas prices, influenced by the conflict in Ukraine, which affects oil and natural gas production. It highlights the impact of geopolitical tensions on oil prices and the economic implications for the US oil industry. The video also covers the increase in drilling activities and costs, and explores strategies to manage global oil supply, including potential negotiations with Iran.

What was the price of a gallon of regular gas last year?

How has the conflict in Ukraine impacted oil prices according to the text?

What are the implications of higher oil prices for the oil industry?

What factors are contributing to the increase in drilling activity in the U.S.?

What potential solution is suggested to lower oil prices?