Hormuz Oil Spike: Baja Expats Now Wonder If Gas Price Means Fewer Tourists
Global oil prices surged over 6% today following heightened tensions in the Strait of Hormuz, sending analysts into a frenzy. Here in Baja, the most pressing question on expat minds is whether this means gas will finally be expensive enough to deter the throngs of tourists from California. Fewer crowds on the surf breaks? Every cloud has a silver lining.