Professionally Speaking

Is $4 gasoline on the horizon?

Rising domestic and international oil and gas prices stemming from global uprisings may reinforce the urgency of the White House’s call for more U.S. energy independence. “As much as $10 a barrel (or at least a 10% increase) is attributable to the Iranian situation, so, if crude stays unchanged, I think $4 a gallon is realistic,” says Raymond James Energy Analyst Pavel Molchanov in this edition of Professionally Speaking, hosted by Larry Pugliese.

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