Back to All Media Hugh Daigle Explains How Geopolitical Uncertainty Affects Gas Prices and Venezuela’s Oil Production Potential Hugh Daigle was quoted by ABC News and The Economic Times US about how uncertainty about the Strait of Hormuz is keeping gas prices elevated despite improvements in regional oil traffic. Daigle was also quoted in Politifact on the hurdles Venezuela would face trying to become a major oil producer. Share Article Hugh Daigle was quoted by ABC News and The Economic Times US about how uncertainty about the Strait of Hormuz is keeping gas prices elevated despite improvements in regional oil traffic. Daigle was also quoted in Politifact on the hurdles Venezuela would face trying to become a major oil producer.