Nuttall frames the energy tape as a political clock: 60 days to the US midterms with $240/bbl diesel, $4.10/gallon gasoline and the 10-year at 4.75%, arguing pressure on the President to say or do something to push oil down only builds from here. Worth keeping because it landed the same session US national diesel set a record $5.62/gallon across six outlets — the pick supplies the political-reflexivity read the price print alone does not, and names the relief valve (jawboning, SPR, sanctions posture) that would break an otherwise-clean energy uptrend. 730 likes, 109 retweets.
With 60 days to the US midterms, $240/bbl diesel, $4.10/g gasoline, and the US 10 year at 4.75%, the pressure on the US President will only get greater in the days ahead to “do anything” or “say anything” to get the oil price down.
Nuttall frames the energy tape as a political clock: 60 days to the US midterms with $240/bbl diesel, $4.10/gallon gasoline and the 10-year at 4.75%, arguing pressure on the President to say or do something to push oil down only builds from here. Worth keeping because it landed the same session US national diesel set a record $5.62/gallon across six outlets — the pick supplies the political-reflexivity read the price print alone does not, and names the relief valve (jawboning, SPR, sanctions posture) that would break an otherwise-clean energy uptrend. 730 likes, 109 retweets.
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