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News Wire / economy

Maritime Oil Trade Costs Americans $9.4B Monthly

developing KQED FM Washington D.C. 12d12d Impact 10
The Institute on Taxation and Economic Policy estimates the maritime oil trade disruption is expected to cost Americans an additional $9.4 billion per month.

Topics

oil trade economy maritime trade

Developing

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Sources · 7 independent

KQED FM

“is expected to cost Americans an additional $9.4 billion per month according to the Institute on Taxation and Economic Policy. And the Institute says Alabama drivers have been the most impacted”

WBUR Boston

“He told me that's been a per month. More of a problem in Europe and Asia, though the West Coast is also taking a hit because these states import jet fuel.”

KQED FM

“jet fuel prices which have doubled since is expected to cost Americans an additional $9.4 billion per month according to the Institute on Taxation and Economic Policy.”

KQED FM

“a lot of discussion about jet fuel prices which have doubled since... Amazon, UPS, the Postal Service, they are all raising their rates because of the higher fuel costs.”

WAMU 88.5 DC

“They said, why isn't the US doing more to produce more and lower these prices? So what else are executives telling you? The one word that I keep hearing is uncertainty.”

ICI Radio-Canada

“ça découle de la guerre en Iran, du blocus dans le détroit de Remouge où il y a beaucoup de pétroliers à l'heure actuelle qui sont coincés”

WAMU 88.5 DC

“Jerome Powell, the Fed chair, said was, hey, we got to keep an eye on this. Because even if it is temporary in nature, if people are changing their habits because of what's going on at the gas station, then that's going to have bigger implications for the overall economy.”

WAMU 88.5 DC

“if people are changing their habits because of what's going on at the gas station, then that's going to have bigger implications for the overall economy.”

Real FM 97.8 Athens

“οι τιμές των καυσίμων επηρεάζουν, είναι το 25% του κόστους ή μάλλον.”

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