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Oil and Gas Expert says gas prices may reach $3-4 per gallon by end of the year


Oil and Gas Expert says gas prices may reach $3-4 per gallon by end of the year
When the pandemic started, more than a year ago, the demand for oil also decreased, causing West Texas to produce less.
Credit: Getty Images/iStockphoto
Author: Sunny Tsai (KAGS)
Updated: 10:28 PM CST February 18, 2021
COLLEGE STATION, Texas Just like many other services and jobs undergoing this winter storm, oil production has paused or decreased significantly.
“Now they’re saying, oil could go to $190 a barrel by 2025. What does that mean as a gasoline user? Not good,” said King Operating CEO Jay R. Young. 
When the pandemic started more than a year ago, the demand for oil also decreased, causing West Texas to produce less.  ....

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Transcripts For CNNW State Of The Union 20120226



plus their recent trip to afghanistan. rapid increasing gas prices. how high and how long? with former ceo of shell oil. i m candy crowley. and this in is state of the union. the afghan government says the man who killed two american soldiers inside a highly secured afghan government building is an afghan intelligence officer. president hamid karzai has offered condolences to the families of the four americans killed since news that u.s. personnel apparently inadvertently burned copies of the koran at an air base in afghanistan. karzai called for calm but insisted the u.s. must prosecute those responsible for burning the muslim holy book. joining from me kabul, ryan crocker. mr. ambassador, let me ask you, first, the u.s. over more than ten years has spent half a trillion dollars in afghanistan, almost 2,000 american lives have been lost, and the american people wake up this morning to find that two high military officers sitting inside a secured afghan government bui ....

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