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The Latest Breaking News from Patrick De Haan

Trump Says He Will 'Never Apologize' for $4 Gas, but Analyst Says Americans Are Paying $2.35 Billion More Weekly

President Donald Trump on Friday said that Americans would continue to grapple with high gas prices in the U.S. amid the ongoing war with Iran. Still, GasBuddy analyst Patrick De Haan said consumers were paying billions in excess costs weekly.

Benzinga

Analyst Says US Gas Prices Hit ‘Highest Ever Level’ This Late in Year: ‘Never Been Above…’

U.S. gasoline prices have crossed a threshold never seen this late in the year, according to GasBuddy analyst Patrick De Haan, as tensions with Iran continue to roil energy markets.

Benzinga

Trump Extends Jones Act Waiver Again— GasBuddy Analyst Patrick De Haan Says That Could 'Soften the Blow' of Hormuz Chaos

President Donald Trump has extended a waiver that permits foreign-flagged ships to transport commodities between U.S. ports for 90 days.

Benzinga

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Analyst Warns Iran’s Push for ‘Concessions’ Puts Hormuz Agreement at Risk, Says Gas Prices Could Rise Again—Expects US Oil Reserves to Stay Above 275 Million Barrels

GasBuddy analyst Patrick De Haan has warned that Iran’s demands for concessions from the U.S. over the Strait of Hormuz‘s reopening risk sending oil and gas prices climbing again as tensions continue between Washington and Tehran.

Benzinga

Analyst Says Proposed Iran-Oman Deal May Have Just Dimmed Hopes for Lower Oil Prices, but National Average Gas Price Could Fall Below $4

GasBuddy analyst Patrick De Haan said reports of a potential Iran-Oman agreement to reopen the Strait of Hormuz with tolls are weighing on hopes for lower gasoline prices.

Benzinga

Chuck Schumer Says Iran War a 'Gift' to Trump's 'Big Oil' Friends Who Bankrolled His Campaign: 'One Promise He Actually Delivered On' (CORRECTED)

Editor’s Note: The headline of this story has been updated to correct an error in the original version.

Benzinga

Top Analyst Predicts Gas Prices Are About to Hit a Record High By This Date— And Iran's Latest Missile Attack Won't Help

Patrick De Haan warned U.S. gasoline prices could stay above $4 per gallon beyond August 8 for the first time on record, calling the potential milestone concerning.

Benzinga

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Trump Touts 'Thousand-Year' Gasoline Supply, Says China Lacks It, as Adam Schiff Questions $13 Billion Venezuelan Oil Claim

As the U.S. and Iran pause hostilities after weeks of continuous strikes, oil prices in the global markets fell sharply. However, gas prices could remain elevated at the pump despite the decline in crude oil prices.

Benzinga

Analyst Warns Gas Prices Entered Uncharted Territory Not Seen Even in 2008

Gas prices in the U.S. crossed the $4 threshold again as escalating tensions between Washington and Tehran amid the U.S.- Israel-Iran war cast a shadow of uncertainty over the global crude oil supply chain.

Benzinga

Ross Gerber Says Tesla's 'Bio Weapon Defense Mode' Is a Must-Have as Wildfires Worsen

Investor Ross Gerber of investment firm Gerber Kawasaki has touted Tesla Inc.‘s (NASDAQ:TSLA) as a handy tool amid worsening air quality due to wildfires and an increasingly severe climate crisis.

Benzinga

Analyst Says Americans Spent '$308 Million More' on Gas in a Day as Prices Near $4 a Gallon

The surge in oil prices amid escalating tensions in the Middle East has caused a spike in gas prices, with GasBuddy analyst Patrick De Haan saying the situation has gas very close to reaching $4/gallon again.

Benzinga

Analyst Sees $4 Gas if Current Trends Continue, Warns Failure to Hit 9 Million Barrels Per Day Could Signal 'Demand Destruction'

Demand for gasoline in the U.S. could be falling as price volatility, fueled by ongoing escalations in the Middle East amid the U.S.-Israel and Iran war, poses challenges to the global oil supply chain.

Benzinga

Trump's Strait of Hormuz Blockade Could Push Oil Higher, Gas Prices Could Reach $4 a Gallon, Analyst Says

GasBuddy analyst Patrick De Haan on Monday cautioned against gas prices in the U.S. likely spiking as tensions between Washington and Tehran escalate over the Strait of Hormuz.

Benzinga

Hakeem Jeffries Calls Trump's Iran War 'Operation Epic Failure,' Says It Wasted Over $100 Billion in Taxpayer Money

House Minority Leader Hakeem Jeffries on Sunday slammed President Donald Trump, saying that the war with Iran has cost ordinary Americans over $100 billion and caused gas prices to surge.

Benzinga

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Benzinga

Analyst Says This Is Why Global Oil Prices Are Rising Amid OPEC+ Agreement: It Has All to Do With Refineries

GasBuddy analyst Patrick De Haan said that global oil prices were rising as limited refinery capacity across the globe could lead to supply issues.

Benzinga

Gavin Newsom Slams Chevron, Says Gas Prices Still 'Elevated' Due to Trump's 'Reckless' Iran War: 'Skip the Brand Names'

Gov. Gavin Newsom (D-CA) has reaffirmed his call to snub energy giant Chevron Corp‘s (NYSE:CVX) gas stations, accusing oil companies of profiting from high costs as ordinary Americans continue paying more at the pump amid the Iran war.

Benzinga

Trump Wants Lower Gas Prices, but Refineries Face Heat Waves, Iran War and a Russia-Ukraine 'Wild Card,' Analyst Says

While President Donald Trump has warned the oil companies to reduce gas prices at the pump to reflect the drop in crude oil costs, GasBuddy analyst Patrick De Haan says reducing fuel costs might be more complicated than it seems.

Reason

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The Independent UK

Here is how long it will take for gas prices to start coming down after Iran ceasefire

Average gas prices could drop below $4 per gallon in the coming weeks, one industry expert said

The Independent UK

Canada’s wildfires may impact gas prices: here’s how

Patrick De Haan, head of petroleum analysis at GasBuddy, told The Independent that if Canada’s oil production shutdown continues, “it could be a bit more problematic to [U.S.] refineries and it could be more impactful.”

Tribune News Service

The end of pandemic flight bargains? Air travel costs surging with more to come

Patrick De Haan has a bird’s-eye view of skyrocketing prices around the country. He’s the head of petroleum analysis at GasBuddy, a company that crowdsources gas price data. But more recently, he is feeling the pain of emptying his wallet for one of the latest trends of surging costs –…

Tribune News Service

¿$6 el galón de gasolina en la Florida? Expertos pronostican alza en alimentos y bienes

Mar. 10—Las repercusiones de la invasión rusa a Ucrania el 24 de febrero siguen sintiéndose a nivel nacional y en la turística Florida.

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