Crude Oil Prices Surge on Geopolitical Tensions and Storm Disruptions, putting Upward Pressure on Pump Prices

PORTLAND, Ore., – Crude oil prices jumped to four-month highs above $65 per barrel last week, driven by geopolitical tensions between the U.S. and Iran as well as significant production disruptions caused by severe winter weather in much of the U.S. This has led to higher gas prices in more than half of all states…