Global market needs to 'catch up' with shortage of oil before gas prices can cool down, expert says

Canadians for Affordable Energy president Dan McTeague says the bigger issue at play driving gas prices to spike is the actual shortage of oil as a result of the Strait of Hormuz standstill. Subscribe to CP24 to watch more videos: https://www.youtube.com/Cp24TorontoBreakingNews Connect with CP24: For the latest news: https://www.cp24.com/ For the latest videos: https://www.cp24.com/video CP24 Live and Interactive: https://www.cp24.com/now CP24 on Twitter: https://twitter.com/CP24 CP24 on TikTok: https://www.tiktok.com/@cp24breakingnews CP24 Breakfast on Twitter: https://twitter.com/CP24Breakfast --- CP24 is Toronto's #1 source for breaking news. #CP24 #torontonews #canadiannews