Expert warns developing home heating oil shortage is around the corner as gas prices fall

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Expert warns developing home heating oil shortage is around the corner as gas prices fall
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GasBuddy head of petroleum analysis Patrick De Haan joined 'Varney & Co.' Monday to discuss gas and home heating oil prices going into the winter months.

, GasBuddy head of petroleum analysis, said gas prices could soon fall to their lowest point since the Russian invasion of Ukraine — casting a hopeful glimmer that, for those living in heating oil states, could soon be dimmed.

A nozzle pumps gasoline into a vehicle at a gas station in Los Angeles, California on October 5, 2022. "I suspect that, maybe in the next week or so, the national average will actually fall to the lowest point since"Of course, it's that invasion that's keeping prices well above where they were last year," he added.

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