General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums'You're saying years?' MS NOW host visibly shook by analyst's dire economic prediction
Last edited Sat May 2, 2026, 05:49 PM - Edit history (1)
By Alexander Willis
Published May 2, 2026 2:29 PM ET
Economic analyst Henrietta Treyz left MS NOWs Alex Witt stunned on Saturday after issuing a dire prediction about the American economy, particularly as it relates to the ongoing surge in energy costs.
Witt queued up a clip of President Donald Trump claiming that gas prices which recently reached a four-year high of $4.30 per gallon would soon fall as his war against Iran ends, and despite peace talks between Washington and Tehran having reached a stalemate. She then asked Treyz, were the war to end tomorrow, how soon Americans could expect prices at the pump to fall.
At the earliest, you're not getting regular flow through the Strait of Hormuz until September, so my calculation is that, on the trajectory we're at right now, we should be expecting $4.90 gas by the end of next week, Treyz said. We are on track to get to $5 or even above by Memorial Day.
https://www.rawstory.com/gas-prices-2676844251/
Hey all of you fiscal maga conservatives idiots...............do you think that you can at least invoke the war powers act to stop this BS...................what are you going to do........................ lets say your airline goes out of business.................. how are you going to get home...............take your thumb out of your ass and hitchhike home.................
Went to Costco near me in Delaware and the price was at 3.69 and in four days had jumped to 3.99 have to get gas on Monday and will see it is................I say 4.20.............maybe wrong but I see prices around 6.50 by summer............
Walleye
(45,264 posts)edhopper
(37,463 posts)SCOTUS just gave the GOP free reign to cheat.
misanthrope
(9,573 posts)Bon appetit!
ShazamIam
(3,178 posts)they are multi-millionaires and billionaires and love the lower taxes.
Baitball Blogger
(52,625 posts)If one of his donors are affected, he'll give them a bailout which will help them survive the storm, while everyone is left sucking wind.
ColoringFool
(970 posts)underpants
(196,989 posts)Bengus81
(10,314 posts)this is way,way earlier to hit that mark.
moonscape
(5,794 posts)$6 at Costco on the CA Central Coast and bracing for $10
flamingdem
(40,963 posts)at the pump..
Skittles
(172,499 posts)it just infuriates me
turbinetree
(27,679 posts)Marthe48
(23,332 posts)I bought gas last Sun. for 3.85/9 per gal.
The highest price I've ever seen gas in Ohio was 4.19/9 gal. probably 2009 or so.
Pedo hasn't declared war on Iran. He's declared war on Americans.
FadedMullet
(994 posts)At a discount Maverik gas starion.
The Madcap
(1,994 posts)Higher prices mean fewer purchases. It's my only defense against this stupidity in the short term.
AZ8theist
(7,558 posts)From the stupidest person to EVER occupy the White House??????




flashman13
(2,535 posts)Pinback
(13,630 posts)Perfect moniker for this fiasco.
Meanwhile, unless Im misreading the data, the oil companies are still getting the profits he promised them.
Bluestocking
(752 posts)The price of eggs are down
patphil
(9,180 posts)Right now there are a bunch of states under $4. per gallon. By Monday, or Tuesday, I don't expect there will be any.
Within a couple weeks, most states will be over $5. Right now there are only 6 above that point, with California over $6.
People who commute long distances, or have small business that require a lot of driving are being seriously pinched right now. I expect the national explosion of anger will happen sometime around the 4th of July.
A new kind of fireworks.
Wednesdays
(22,996 posts)Recession invariably follow spikes in gas prices by about 8 months to a year.
So, January to April 2027 =
bucolic_frolic
(55,628 posts)Nothing is safe.
Yes, gas prices going up ... already $4.40 here ... not really that far from $5.
I see market analysts projecting oil to fall to $70 a barrel by October .... I don't think they understand the difference between market prices and the physical capacity to deliver oil and crack it. You don't have the refineries, you don't have the horses.
NickB79
(20,397 posts)I've seen speculation by energy experts like Mr. Global ( Matt Randolph)that all the prime land to drill in the US is pretty much drilled.