Elizabeth Troval

All that oil production that is turned off during wartime can't get turned back on overnight, even in an optimistic scenario, says Claudio Gallimberti with Reistat Energy.

So how long will it take to get to pre-war production?

So how long will it take to get to pre-war production?

If it's out two and a half months, it will take another two and a half months to get back to normal.

If it's out two and a half months, it will take another two and a half months to get back to normal.

All of this means that for prices, we won't see barrels in the 60s anytime soon.

All of this means that for prices, we won't see barrels in the 60s anytime soon.

Gregory Brew again.

Gregory Brew again.

And since every day this goes on, we have less physical oil out in the world, there's also the question of building back up reserves and inventories.

And since every day this goes on, we have less physical oil out in the world, there's also the question of building back up reserves and inventories.

Dan Pickering is with Pickering Energy Partners.

Dan Pickering is with Pickering Energy Partners.

For Americans, he expects gas prices will be well above $3 a gallon through the rest of the year.

For Americans, he expects gas prices will be well above $3 a gallon through the rest of the year.

I'm Elizabeth Troval for Marketplace.

I'm Elizabeth Troval for Marketplace.

The longer the war continues, the more disruptive it will be to the European and Asian countries that import LNG, says Jameson Coughlin with Natural Gas Intelligence.

Lindsay Schneider with RBN Energy says while Asia has been disproportionately affected by the loss of natural gas... This is like a very interconnected global market.

So Asia is now buying LNG that would have been going to Europe, while Europe is trying to refill natural gas inventories it depleted over the winter.