Michael Weber

The United States will feel good because we're a major energy producer, but we'll absolutely be affected by what's going on around the world because we're coupled to the international economic system.

So it might mean our travel to Europe is more expensive.

It also means the things we import from Europe or other places will be more expensive because the shipping fuels will be more expensive.

So we will be affected for sure.

The agency says parts of Europe could soon face short-term jet fuel shortages as global supplies remain strained.

Michael Weber is an energy expert at the University of Texas at Austin.

He says even when shortages are less severe in the U.S., Americans can still feel the impact.

Weber says travelers heading overseas may also see fewer flight options, especially during the peak summer season.

Windsor Johnston, NPR News.

Consumer expectations haven't been anchored at the 2 percent inflation target for like the last four and a half decades.

You're as small as any sea whistle.