Gas Prices to Reach $8 a Gallon By Next Year?

An energy-consulting firm says if Iran closes the Strait of Hormuz to oil-tanker traffic next year, the implications of oil prices would be enormous. 

Sources:USATodayRTMontrealGazette

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Watch video: http://www.newsy.com/videos/gas-prices-to-reach-8-a-gallon-by-next-year/ 

By Tatiana Darie

Anchor: Emily Spain

Link courtesy of Newsy.com