Biden Economy To Again Grab For Your Wallet, Energy CEO Says Gas Prices Headed Higher

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Canary CEO and energy commentator Dan Eberhart warned that the price of gas is poised to further increase.

In an interview with Fox Business anchor Neil Cavuto, the oilfield drilling executive said that “the market overreacted to the omicron demand destruction.”

“OPEC is supposed to add 400,000 barrels a day a month. They’re struggling to do that right now,” Eberhart explained. “And on top of that, we’ve got an inflationary economic environment, so I think oil is headed higher.”

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