Mike McGlone|Jul 02, 2026 10:34
CPI's Path to 0%, Crude Oil's to $40 in 2H
Affordability is a top election issue, midterms are in November and US energy superabundance is surging due to the recent price spike, which is a primary driver of consumer inflation. Policy options for the leader of the world's largest crude oil and natural gas producer seem straightforward in 2H: apply pressure to lower energy prices.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/thjih8vttczo {BI COMD}
#crudeoil #naturalgas #energy #stockmarket @Bloomberg(Mike McGlone)
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