How Gas Prices Are Impacting Travel Plans

Today’s 360 round focus is gas prices. Patrick Dehaan, Head of Petroleum Analysis at GasBussy, and Stewart Glickman, Energy Equity Analyst at CFRA Research, discuss high gas prices impacting travel plans. They talk about a GasBuddy survey which states that only 32% of people say they will drive for Thanksgiving, which is down from 35% in 2020. They then go over the impact releasing petroleum from the strategic reserve will have on gas prices, highlighting light sweet crude oil futures (/CL). Tune in to find out more.