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Gas prices are climbing past $4 a gallon in parts of New Mexico. Even in one of the nation's top oil-producing states, locals are feeling the squeeze. Chris and Gabby sit down with Reilly White, Associate Dean of Teaching & Learning at the University of New Mexico, to break down how global conflict with Iran is driving local costs, and the long-term impact of an oil shock like this. Even if prices drop soon, White explains the economic ripple effects could last for months. What does that mean for families, businesses, and New Mexico's economy? White also shares practical tips to help you manage your budget during this stretch of higher prices.

Thanks for listening. If you’ve got an idea, send it to us at chris.mckee@krqe.com or gabrielle.burkhart@krqe.com. Give us a follow on social media at @ChrisMcKeeTV and @gburkNM. Watch or listen to our prior podcasts online at KRQE.com/insiders and our KRQE YouTube channel, or on broadcast TV every Wednesday at 10:35 p.m. MST on Fox New Mexico.