Oil and gas executives have issued urgent warnings to the White House about an impending surge in gas prices, citing concerns over dwindling inventories and a potential rebound in oil prices. They predict a significant increase, with forecasts suggesting that a 20% rise in oil prices could lead to a 10% hike in gasoline costs. The executives emphasize the urgency of the situation, particularly as summer approaches, raising alarms about how these changes could impact consumers and the economy.