Why gas prices could soon skyrocket past $5 a gallon again | FOX 10 Talks

Gas prices have dipped below $4 a gallon, but is the relief only temporary? In this segment of FOX 10 Talks, University of Houston energy fellow and lecturer Ed Hirs drops a reality check on the global oil market, the true state of the Strategic Petroleum Reserve (SPR), and why a blockaded Strait of Hormuz could send oil crashing toward $150–$200 a barrel. Hirs breaks down the complicated math of U.S. production versus consumption, why the government's recent reserve releases might backfire, and what consumers should actually expect at the pump through the end of the year