Rapidan Energy warns of political risks as gas prices approach $4/gallon threshold, particularly impacting swing states' voter sentiment.

[Here_4_a_Day]

In a recent note to clients, Rapidan Energy Advisors explained how surging gas prices could complicate the outlook for the Biden administration:

Bullish Bets on Gasoline Reach Four-Year High | OilPrice.com

Rising gasoline futures and pump prices near the politically sensitive $4/gallon level prompt concerns for the Biden administration's reelection, with potential market interventions and geopolitical tensions exacerbating the energy crisis.

oilprice.com

 

[Scruddy]

Biden has drained our strategic reserves to their lowest levels in decades, currently sitting at 17 days worth of supply. Word is he will not replenish it because gas is too expensive now. #Bidenomics

 

[Here_4_a_Day]

Biden has drained our strategic reserves to their lowest levels in decades, currently sitting at 17 days worth of supply. Word is he will not replenish it because gas is too expensive now. #Bidenomics

He may be "forced" to do just the opposite and start bringing it down again in an attempt to influence the election. China is watching........