Eric Bolling
๐ค SpeakerAppearances Over Time
Podcast Appearances
These acute moving, in other words, the retailers, gasoline retailers, move their prices up immediately when they see the opportunity, when they see a high oil price.
When the news is talking about higher oil prices going forward, they move that corner.
I guarantee you, if you look on the corner, you're going to see a higher gas price than you saw a week ago or even a day ago.
even if oil starts coming down.
So they raise them very quickly, and they're very slow to move them down.
The problem with that is, Steve, is that going into an election, you're going to see higher gas prices.
It translates immediately, gas, diesel, jet fuel, immediately into higher inflation.
And they know it's a very sensitive topic right now, especially with the way we ripped Biden for his
high gas prices and inflation for the past four years prior to Trump 2.0.
One last thought very quickly.
Mark Thiessen was on Fox.
I don't know what you think about that guy.
Guy has no business commenting on oil at all.
He recommended Trump take Carg Island off.
Just take it, own it, and he said you will forever own the Iranian oil distribution system.
That's BS.
That is the worst possible.
You'll get Marines killed.
You'll get people killed.
You'll have oil prices $200 a barrel because the Iranians aren't going to sit back and let the Americans buy.