Right now the avg price gallon of gas is $3.53 and oil is at $107. When the markets crashed in ’08 price of gas was around the same but a barrel of oil was in the $140 range. You see what’s happened? Price of oil has dropped but price of gas hasn’t! If the Suez Canal gets blocked oil prices will skyrocket which will no doubt send gas over $4/gal most likely to $5.
With the economy borderline of flat-lining a disruption in oil prices could very well put us over the edge causing another market crash!
Don’t take my word for it do your homework!