Wall Street is holding near its record high on Tuesday after the price of Brent oil fell back below $100 per barrel.
Prices at the pump continue to rise.
One state representative is calling for a special session to address the high gas prices.
Prices at the pump have risen nearly 20 cents in the last week.
Oil prices keep climbing as the war with Iran keeps clogging the global flow of crude, and they got back to where they were before the summer on Thursday.
President Donald Trump said Wednesday that oil prices that have surged because of the Iran war likely won’t come down until after U.S. midterm elections.
Gas prices continue to rise in the Midlands.
The war in Iran has cost each American household $770 in increased fuel costs.
Diesel hit a record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time as the six-month war with Iran disrupts the world’s flow of fuel.
Oil giant Chevron confirmed that it will expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits.
