Potential gas and oil crisis

Name: Potential gas and oil crisis
Uploaded: 5/23/2026 12:45:38 EDT
Duration: 2 min 58 s
Description: President of Lipow Oil Associates breaks down what you need to know about the cost of oil as it drives gas prices higher.

President of Lipow Oil Associates breaks down what you need to know about the cost of oil as it drives gas prices higher.

May 23, 2026

Share a story idea with ABC News Live

Potential gas and oil crisis

President of Lipow Oil Associates breaks down what you need to know about the cost of oil as it drives gas prices higher.

May 23, 2026

Additional Live Streams

Additional Live Streams

ABC News Live

Memorial Day observers visit Tomb of the Unknown Soldier in Arlington National Cemetery

View of Manhattan skyline

Memorial Day weather across the US; continued flooding rains across the South; warmup in the Northeast

2026 Memorial Day Observance ceremony at Arlington National Cemetery

NYC Mayor Mamdani attends Memorial Day Ceremony at the Intrepid Museum

Top Stories

Top Stories

New details on White House shooting suspect

Trump renews calls for White House ballroom

Race to contain toxic leak in Garden Grove, California

Rescuer speaks out after hiker pinned 6 hours in cave

State of emergency declared in Southern California

Africa grapples with deadly Ebola outbreak

Stampede at a South Carolina bike festival

US, Iran inch closer to peace deal

NASCAR and fans honor Kyle Busch

2nd fatal shark attack in Australia

College athlete's wisdom tooth surgery led to leukemia diagnosis

Trump's latest attempt toward a possible interim agreement to reopen Strait of Hormuz

Suspect dead after exchange of gunfire near White House: Secret Service

Russia launching heavy attack on Russia from air, sea and land

Kyle Busch cause of death revealed

Knicks take commanding lead in Cavaliers series

Officials sounding the alarm on AI vacation scams

Trump: deal with Iran is 'largely negotiated'

Growing fears chemical plant could explode

1 killed in shipyard explosions on Staten Island

Remembering hip-hop artist Rob Base

Race to contain Ebola outbreak in Central Africa

6.0 quake rocks Hawaii's Big Island

7-year-old becomes the youngest to summit El Capitan

Successful SpaceX launch

Deadly coal mine explosion in China

Potential gas and oil crisis

Rising gas prices impact millions for Memorial Day weekend

Washout for millions on the move

Weight-loss drug shows breakthrough results

ABC News Live Presents

ABC News Live Presents

Building A.I.: The Deep Mind Behind the Moment

All Access with Linsey Davis: Neil deGrasse Tyson

All Access with Linsey Davis: Lisa Kudrow

All Access with Linsey Davis: Justice Neil Gorsuch

All Access with Linsey Davis: Emma Grede

All Access with Linsey Davis: Bob Odenkirk

Dolores Huerta: Her Words, Her Movement

My Reality: The American Dream

AI: The Next Chapter

All Access with Linsey Davis: Stephen A. Smith

Daddy Yankee: A Higher Note

Gut Check: The Foods We Eat

All Access With Linsey Davis: Stevie Van Zandt

All Access with Linsey Davis: Andrew Cuomo

All Access With Linsey Davis: Zohran Mamdani

Springsteen: Deliver Me from Nowhere - A Conversation with the Cast

All Access With Linsey Davis: Jeremy Allen White

The Children of Gaza

Glen Powell and Eli Manning: ABC News Live Prime with Linsey Davis

The Playlist Presents: Dale Play!

The Queens: Chaka Khan, Patti LaBelle & Stephanie Mills

War or Peace: The Zelenskyy Interview | Martha Raddatz Reports

Linsey Davis Reports: The Epstein Survivors Speak Out

Backstage Pass - The Fantastic Four: First Steps

After the Ashes: Rebuilding from the LA Wildfires

Celebrating 20 Years of Shondaland

Operation Babylift: The 50-Year Journey – A Special Edition of 20/20

Our Home: Local Action and Global Impact

America’s Care Crisis

Immigration Crackdown

ABC News Specials on

ABC News Specials on

Barbara Walters: Tell Me Everything

Impact X Nightline: On the Brink

Impact X Nightline: Unboxing Shein