Oil is the only commodity that is used in every single sector of the US economy. It is a commodity like no other. So it really matters how long it stays elevated, and when I say elevated, anything north of $70. The danger zone for gasoline is keeping oil at $90 to $100 for more than 90 days. That's when you see gasoline prices spike up past $3. So this affordability speech, it'll be about housing, it'll be about protein, but the granddaddy issue's going to be energy. That immediately affects every American family and is a visceral element in any midterm election.
Oil is the only commodity that is used in every single sector of the US economy. It is a commodity like no other. So it really matters how long it stays elevated, and when I say elevated, anything north of $70. The danger zone for gasoline is keeping oil at $90 to $100 for more than 90 days. That's when you see gasoline prices spike up past $3. So this affordability speech, it'll be about housing, it'll be about protein, but the granddaddy issue's going to be energy. That immediately affects every American family and is a visceral element in any midterm election. ♬ original sound - Mr. Wonderful
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