ECONOMIST: "The Gas Crisis Nobody Saw Coming" | Paul Krugman has a warning
March 10, 2026
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1:04:02Now PlayingECONOMIST: "The Gas Crisis Nobody Saw Coming" | Paul Krugman has a warning
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as posted by the channelCould the US Face 1970s-Style Gas Lines Again?
As gas prices swing wildly across markets with different messages coming from the Pentagon and the White House, Oil hit $120 a barrel, then dropped to $80, then started rising again. Markets can't figure out if the war is over, just starting, if Iran is incapacitated or will be able to block all shipping in the Strait of Hormuz. All that uncertainty means, very unpredictable times ahead, something markets hate.
Join Jim as he talks with Economist Paul Krugman, plus Liz Oyer, the former pardon attorney for the Justice Department, and former Commerce Secretary Gina Raimondo all live on the Jim Acosta show.
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