The U.S. administration considers an oil price level of $100 per barrel as a "baseline," but does not rule out the possibility of it rising above $150. According to media reports, the American president received information from the Treasury Department and key energy market players regarding the potential dynamics of oil prices. The implementation of emergency measures was also considered. An unidentified industry representative described the situation as an "all-hands-on-deck mode." Another source told the publication that the U.S. administration is trying to explore all possible ways to lower energy prices.
On the other hand, a White House representative denied reports of discussions or predictions about oil prices in the near future.
Oil market analyst Rory Johnston believes it is still too early to assess the impact of the Middle East conflict on gasoline prices. According to him, "this wave is expected to hit the U.S. within about two weeks," which will be "very difficult for consumers." The historical maximum average gasoline price in the United States was recorded in June 2022, when the price per gallon exceeded $5. GasBuddy, a portal that tracks fuel price dynamics, published data on March 31 showing that gasoline prices in the United States surpassed $4 per gallon for the first time since August 2022.