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GasBuddy Expert Warns: This Oil Crisis Could Last Over a Year (w/ Patrick De Haan)

2026-05-05 News & Politics
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The Bulwark
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Description

Tim Miller is joined by Gas Buddy's Head of Petroleum Analysis Patrick De Haan for his take on the escalating oil crisis, surging gas prices, and why Americans could be feeling the effects for a long time. De Haan warns that every day the Strait of Hormuz remains disrupted could mean weeks of recovery for global oil markets, potentially leading to a 65-week climb back to pre-crisis prices. He also predicts a July 4 “sticker shock” as rising diesel costs drive up prices on everything from gas to summer cookout staples. They break down why U.S. oil production can’t insulate Americans from global markets, how refinery problems are making things worse, and why this crisis could ripple through the entire economy. Read more from Patrick's work: https://gaspriceguy.substack.com/ For a limited time, listeners can get an exclusive $25 off AuraFrame's best-selling Carver Matframe at https://on.auraframes.com/BULWARKTAKES with code BULWARKTAKES. Tickets for our Bulwark Live shows in San Diego and Los Angeles in May: https://thebulwark.com/events Become a Bulwark Youtube Plus Member here - https://www.youtube.com/channel/UCG4Hp1KbGw4e02N7FpPXDgQ/join

Top Comments (10)

@embossed64 2026-05-05

My Mental Health has taken a hit since he came down the escalator.

323 32 replies
@kathleenzutell6744 2026-05-05

Oil corporations are making billions EXPORTING petroleum as Americans pay higher prices for imported oil. Thanks Trump and the GOP,

215 24 replies
@West0034 2026-05-05

I'm fucken tired of wars .

212 30 replies
@stevereal- 2026-05-05

The Iranians remember the hostage crisis of 1979. They know the American midterms are coming. They are not fools and did not start this war.

102 4 replies
@hugoo1549 2026-05-05

rump’s 7th bankruptcy will be the destruction of the U.S economy. Every Day is the stupidest day until tomorrow.

64 5 replies
@Digital_Escape 2026-05-05

Please bring him back in a month!

57
@ronaldstephenregnier3736 2026-05-05

No one has mentioed heating oil. Come december in New England and the Northern plains keeping warm will backrupt people.

55 10 replies
@bodiccas 2026-05-05

if only competent people ran our government ...

47 3 replies
@knitsandpurls-143 2026-05-05

Great reporting. Get him back again!

46
@MarcChandler-m9v 2026-05-05

Thank you for having a subject matter expert on your podcast.

37

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