Don't Bust My Gas
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Why are gas prices so high—and why does it feel like they never come back down? In this episode of Happy Hour Econ, comedian Lou Perez and economist Phil Magness break down the real reasons behind rising gas prices, from global oil supply shocks to foreign policy chaos and everything in between.
With humor and sharp economic insight, they explore how events like conflict in the Middle East, disruptions in the Strait of Hormuz, and instability in oil-producing countries like Venezuela can send shockwaves straight to your local gas pump. You’ll also learn why gas prices vary by region, how taxes and regulations impact what you pay, and why the U.S. can’t just “become energy independent” overnight.
Welcome to Happy Hour Econ from Free To Choose Network, where comedian Lou Perez and economist Phil Magness serve up weekly shots of economic reality with a chaser of sanity.
No PowerPoints, no pretense—just two guys who've figured out that the best way to understand why everything costs more is to stop taking it so seriously.
Pour yourself a drink, pull up a stool, and join Happy Hour Econ—because understanding the economy shouldn’t require a Ph.D. or a hangover.