CNN New Day With John Berman and Brianna Keilar June 4, 2024 11:10:00
There is no dial you can turn and more oil comes. it costs money to drill that oil and these guys actually lost a ton of money in 2020 and they do not want to do that again. so they're trying to be disciplined and not pump more oil. i mean, we could see average gas prices which are now about i-4.60, they could go over $5. >> the people who get the hate will be oil companies who will have huge profits. i'm getting creamed at the pump but shareholders in energy stocks have been doing really well. i will say when you talk about 2008 the last time we saw oil prices adjusted for inflation in this k...