manufacturing costs

Exxon CEO Warns Gas Price Shock May Be Just Beginning As Strait Of Hormuz Crisis Hits Drivers

DETROIT - Michigan drivers already angry over rising gasoline prices may not have seen the worst yet. That blunt warning comes as global energy executives, oil traders, economists, and shipping companies increasingly focus on one narrow waterway half a world away: the Strait of Hormuz. The concern intensified after ExxonMobil CEO Darren Woods warned that

By |2026-05-21T10:43:34-04:00May 21st, 2026|News|

Your Next Oil Change Could Soon Cost $120 As Iran Crisis Threatens Broader U.S. Economy

ANN ARBOR - Americans may soon feel the economic impact of the escalating Iran conflict in one of the most familiar parts of daily life: the cost of an oil change. Industry analysts are warning that synthetic oil changes — already approaching $100 for many vehicles — could surge to $120 or more if tensions

By |2026-05-20T09:42:03-04:00May 20th, 2026|Auto Tech, ESD|