Oil Stays Near $100 a Barrel 9-12-26

0:00This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's discussion is oil stays there 100 hours of barrel. Well, I'm always fasting when I see the oil prices rise and this is due mostly to tensions in the Middle East. I'm always curious is how that impacts the actual prices of the gas pumps. Sometimes you feel like it immediately translates. Sometimes there's a delay in it. And I never know what exactly drives that. Obviously right now the oil prices are going up. So tensions in the Middle East. When I see these gas prices go up, I will tell you that I'm thrilled to see that Liz is driving an electric car when the price rises because you're never paying for gas ever. And it does feel like the maintenance in these electric cars is a ton less than the maintenance on the old cars, the traditional cars that oil the gas cars that I generally drive. But you know, even when I have a friend who owns a Rivian and essentially can't stand it because trying to get it charged all the time is a real pain in the butt. But I bet when the oil

1:00prices, gas prices rise enough, even that friend tends to like his Rivian. Aside note, one of the electric car companies, Lucid Motors, just getting killed, it's not about 70% over the last year or so and really going poorly. That's all we got today for you on oil prices, staying there 100 hours of barrel. Thank you for listening to the Becker Business and the Becker Private Equity Podcast. We hope you enjoy this. Thank you so much for joining us.