ES Journal - 2019/2020

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maximumpossiblesuffering said:
I have my electrodes ready!
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Exactly.
All things being equal though... the price of unleaded is gonna drop into and thru 2020.
$1.50 (wholesale) is gonna happen. We'll see sub $2 at the pumps again. In the flyover states at least.
The powers that be, no matter how much they hate Trump, don't want a dem in there. And those powers control the price at the pump. They can juice our economy at will.
Its the biggest most effective instant tax cut there is. It doesn't get enough respect. When the consumers are paying $1.79/gallon... they spend all that extra money elsewhere. Happy days are here again.
Problem is, the geopolitical element. But even at that, a huge spike will be short lived and an opportunity to add more.
 
vanzandt said:
Exactly.
All things being equal though... the price of unleaded is gonna drop into and thru 2020.
$1.50 (wholesale) is gonna happen. We'll see sub $2 at the pumps again. In the flyover states at least.
The powers that be, no matter how much they hate Trump, don't want a dem in there. And those powers control the price at the pump. They can juice our economy at will.
Its the biggest most effective instant tax cut there is. It doesn't get enough respect. When the consumers are paying $1.79/gallon... they spend all that extra money elsewhere. Happy days are here again.
Problem is, the geopolitical element. But even at that, a huge spike will be short lived and an opportunity to add more.
More...
And that's not to say it will ensure Trump gets re-elected... but one thing's for sure... he won't get re-elected if we enter a recession. So if the winds of recession pick up... which they kinda are.... there is no doubt in my mind they will let the bottom fall out of the price of unleaded. That'll forestall any macro-economic recessionary forces... at least in the near term.
 
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