The Latest Breaking News from Patrick De Haan

US Reportedly Runs a Covert Shipping Corridor in Hormuz, Moves 10 Million Oil Barrels Daily—Analyst Says 'Major Development if...'

The U.S. military has reportedly established a “stealth” shipping corridor in the Strait of Hormuz, a critical oil transport route.

Benzinga · Aug 20

Trump Says He Will 'Never Apologize' for $4 Gas, but Analyst Says Americans Are Paying $2.35 Billion More Weekly

President Donald Trump on Friday said that Americans would continue to grapple with high gas prices in the U.S. amid the ongoing war with Iran. Still, GasBuddy analyst Patrick De Haan said consumers were paying billions in excess costs weekly.

Benzinga · Aug 17

Analyst Says US Gas Prices Hit ‘Highest Ever Level’ This Late in Year: ‘Never Been Above…’

U.S. gasoline prices have crossed a threshold never seen this late in the year, according to GasBuddy analyst Patrick De Haan, as tensions with Iran continue to roil energy markets.

Benzinga · Aug 13

Top Analyst Predicts Gas Prices Are About to Hit a Record High By This Date— And Iran's Latest Missile Attack Won't Help

Patrick De Haan warned U.S. gasoline prices could stay above $4 per gallon beyond August 8 for the first time on record, calling the potential milestone concerning.

Benzinga · Jul 29

Trump Touts 'Thousand-Year' Gasoline Supply, Says China Lacks It, as Adam Schiff Questions $13 Billion Venezuelan Oil Claim

As the U.S. and Iran pause hostilities after weeks of continuous strikes, oil prices in the global markets fell sharply. However, gas prices could remain elevated at the pump despite the decline in crude oil prices.

Benzinga · Jul 28

Analyst Warns Gas Prices Entered Uncharted Territory Not Seen Even in 2008

Gas prices in the U.S. crossed the $4 threshold again as escalating tensions between Washington and Tehran amid the U.S.- Israel-Iran war cast a shadow of uncertainty over the global crude oil supply chain.

Benzinga · Jul 21

Ross Gerber Says Tesla's 'Bio Weapon Defense Mode' Is a Must-Have as Wildfires Worsen

Investor Ross Gerber of investment firm Gerber Kawasaki has touted Tesla Inc.‘s (NASDAQ:TSLA) as a handy tool amid worsening air quality due to wildfires and an increasingly severe climate crisis.

Benzinga · Jul 20

Analyst Says Americans Spent '$308 Million More' on Gas in a Day as Prices Near $4 a Gallon

The surge in oil prices amid escalating tensions in the Middle East has caused a spike in gas prices, with GasBuddy analyst Patrick De Haan saying the situation has gas very close to reaching $4/gallon again.

Benzinga · Jul 17

Analyst Sees $4 Gas if Current Trends Continue, Warns Failure to Hit 9 Million Barrels Per Day Could Signal 'Demand Destruction'

Demand for gasoline in the U.S. could be falling as price volatility, fueled by ongoing escalations in the Middle East amid the U.S.-Israel and Iran war, poses challenges to the global oil supply chain.

Benzinga · Jul 16

Trump's Strait of Hormuz Blockade Could Push Oil Higher, Gas Prices Could Reach $4 a Gallon, Analyst Says

GasBuddy analyst Patrick De Haan on Monday cautioned against gas prices in the U.S. likely spiking as tensions between Washington and Tehran escalate over the Strait of Hormuz.

Benzinga · Jul 14