Peter S. Goodman

So let's find out why.

Scott Lincicome, Vice President of General Economics at the Cato Institute is here, along with Peter Goodman, Global Economics Correspondent for The New York Times.

So what is keeping oil prices this high this long? Scott?

Well, you start with, uh, the risk and uncertainty of future-

However, this time, it's also touches on food it seems.

So we talked with Peter Goodman when he was on about how the choke point was fertilizer.

That hasn't gone away, but analysts are now expecting that there's an affordability squeeze on fertilizer to outlast the Hormuz closure itself.

This is something he was very prescient on from the folks he talked to, said this was something to look at as we get closer to winter.