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Expect $4 Gas Sooner Rather Than Later, Morse Says
Market Intelligence Analysis
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Why This Matters
Edward Morse predicts US gas prices to reach $4 a gallon soon, driven by potential attacks on ships in the Strait of Hormuz and a 50% increase in oil prices.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Edward Morse, special advisor at Hartree Partners, says consumers should expect to see gas prices in the US top $4 a gallon soon. He also expects ships in the Strait of Hormuz to keep being attacked. In a note he says oil prices could climb another 50%. (Source: Bloomberg)
Original article published by
Bloomberg
on March 9, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.