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turbinetree

(27,730 posts) Sat May 2, 2026, 02:37 PM May 2

'Insane' Trump policy set to hit Americans' finances with 'double-triple whammy': scholar

By Alexander Willis
Published May 2, 2026 12:44 PM ET

Political scientist and scholar Norman Ornstein warned of an impending “double-triple whammy” about to hit Americans’ finances on Saturday, one he attributed directly to what he described as an “insane policy” of President Donald Trump’s.

The policy in question was the Trump administration’s ongoing war against Iran, which has already sent gas prices skyrocketing to levels not seen since Russia’s 2022 invasion of Ukraine. Ornstein warned, however, that the current price increases were only the beginning.

“As we go further on, and as demand for oil inevitably is going to have to drop because the supplies are going to be not there, then we're going to see gas prices go up even more,” Ornstein said Saturday in an appearance on MS NOW’s “Velshi.”

https://www.rawstory.com/iran-war-2676844118/

4 replies

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Highlight:

'Insane' Trump policy set to hit Americans' finances with 'double-triple whammy': scholar (Original Post) turbinetree May 2 OP

$6.50 in Southern California FHRRK1 May 2 #1

The gas prices in Delaware at the Costco near me went from 3.69 to 3.99............I realize that it does turbinetree May 2 #2

The current cost of gas in Europe Danascot May 2 #3

What's the average income for those with vehicles in Europe compared to Americans with vehicles? cstanleytech May 4 #4

FHRRK1

(111 posts)

1. $6.50 in Southern California

Reply to turbinetree (Original post)

Sat May 2, 2026, 02:47 PM

May 2

I expect to see $8.00 in June/July.

The fucking idiots here will blame it on Newsom.

turbinetree

(27,730 posts)

2. The gas prices in Delaware at the Costco near me went from 3.69 to 3.99............I realize that it does

Reply to FHRRK1 (Reply #1)

Sat May 2, 2026, 05:46 PM

May 2

not reflect what California is like in no way shape or form..............I think it will be higher than 8 this summer.............affordability is just out the window....................

Danascot

(5,282 posts)

3. The current cost of gas in Europe

Reply to turbinetree (Original post)

Sat May 2, 2026, 09:59 PM

May 2

Is equal to about $8.32 per gallon.

cstanleytech

(28,582 posts)

4. What's the average income for those with vehicles in Europe compared to Americans with vehicles?

Reply to Danascot (Reply #3)

Mon May 4, 2026, 11:22 AM

May 4

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