Now Playing
On Air
No Program
Now Playing

Posted: January 20, 2015

Oil expert: Get ready for $5/gallon gas

By Mike Denison

Trending on Facebook

More popular and trending stories

Gas right now is as cheap as it's been in years.

But a former oil executive told USA Today it won't be that way for long. 

John Hofmeister originally predicted gas would hit the dreaded $5/gallon mark in 2012 (it peaked around $4/gallon). But now he says demand is growing and production is falling short. 

"People were worried about the global economy, and prices went to $30, $40 a barrel, and just a matter of months later, it was back to $100 a barrel," he said, referring to the rebound after the Great Recession.

Read USA Today's full story.

There are no comments yet. Be the first to post your thoughts. or Register.


Win $1,000,000 with our Battle of The Brackets Challenge

The most popular local Bracket game is back for 2018. Submit your bracket and compete against your friends for a chance to win $1,000,000.

LISTEN: Stories Behind The Songs Podcast

An intimate look at what made Nashville’s best-known song writers write their hit songs and more

Play the Checkered Flag Challenge

This is THE Game for NASCAR Fans. Pick who you think will finish in the top 10 each race and compete for weekly prizes and a trip to the 2019 Daytona 500.