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Politico: Oops! Experts (and Us) Wrong on Higher Gas Prices
Newsbusters ^ | July 1, 2026 | P.J. Gladnick

Posted on 07/01/2026 1:02:35 PM PDT by PJ-Comix

Ooops! What we predicted about higher gas prices a couple of months ago... Never mind!

On April 28, Politico White House reporter Scott Waldman along with his sidekick, Eli Stokols, were confidently citing experts who predicted a big surge in gasoline prices due to the Iran war as you can see in "‘There’s a day of reckoning coming’: Energy experts expect another spike at the pump."

(Excerpt) Read more at newsbusters.org ...


TOPICS:
KEYWORDS: elistokols; gasprices; mullahloversonfr; petroleum; politico; pollutico; scottwaldman; tds; tdstrolls

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And the price of petroleum DROPPED another couple of bucks (to $68) since this was written.
1 posted on 07/01/2026 1:02:35 PM PDT by PJ-Comix
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To: PJ-Comix

Increased here 46% since before the ill-conceived war.


2 posted on 07/01/2026 1:09:31 PM PDT by PghBaldy (12/14/12- 930am -rampage begins... 12/15/12 - 1030am - Obama team scouts photo-op locations.)
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To: PghBaldy

Pssst! As of today, the price of crude oil is now the SAME as it was the day before the Iran war.


3 posted on 07/01/2026 1:15:20 PM PDT by PJ-Comix (Presenting Voter ID to CA Election Officials is Like Waving a Cross in Front of a Vampire)
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To: PJ-Comix

“Experts wrong”???

Not possible.


4 posted on 07/01/2026 1:17:19 PM PDT by ProtectOurFreedom
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To: PJ-Comix

Multiple states installing new gas tax this week — as others plan to soon follow suit

https://nypost.com/2026/07/01/lifestyle/california-installs-new-gas-tax-as-other-states-follow-suit/


5 posted on 07/01/2026 1:23:39 PM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: PJ-Comix

$2.89. Central TX at Buc-ees. Regular unleaded.


6 posted on 07/01/2026 1:29:41 PM PDT by 9422WMR ( )
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To: Libloather

Never quote California for gas prices or taxes or laws or elections or anything...

California is not normal. It’s on a different planet altogether; a parallel universe, if you will.


7 posted on 07/01/2026 1:29:52 PM PDT by adorno ( )
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To: adorno

CA is about to RAISE gas taxes again? Good. It will help Steve Hilton in November.


8 posted on 07/01/2026 1:39:33 PM PDT by PJ-Comix (Presenting Voter ID to CA Election Officials is Like Waving a Cross in Front of a Vampire)
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To: PJ-Comix

Dems are all hoping that war will break out again this summer and gasoline prices will spike.

High oil prices during Biden’s regime were not a bug, they were a feature.


9 posted on 07/01/2026 1:53:20 PM PDT by Bubba_Leroy (Our long national nightmare is over!)
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To: PJ-Comix

The way we avoided worse price spikes is with a huge depletion of our reserves. And lots of other countries depleting reserves at the same time helped also.

So people who think hey there really isn’t any risk, we weathered that one fine! Might not realize that we are far more vulnerable now than before to any issues from here, because obviously we can’t draw down our reserves again they are mostly gone. Same with many other countries...


10 posted on 07/01/2026 1:58:54 PM PDT by Mount Athos
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To: Mount Athos

so as gas prices decline to lows, the strategic oil reserves will be refilled.

the federal government sold the reserves near their highs to keep prices from rising higher.

Now they will be buying again at their lows. the government profits go into paying their bills.


11 posted on 07/01/2026 2:15:12 PM PDT by ckilmer (`61)
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To: PghBaldy

It was a great military success.


12 posted on 07/01/2026 2:19:01 PM PDT by Fledermaus (United States of America : Born July 4, 1776. Died June 30, 2026.)
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To: PJ-Comix

They’re just going to cheat again and make sure that Hilton can’t win.
There’s no saving California while it’s all run by corrupt to the core democrats.


13 posted on 07/01/2026 2:19:31 PM PDT by Bullish (My tagline ran off with another man, but it's okay... I wasn't married to it.)
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To: PJ-Comix

Sorry. I was referring to gasoline prices at my nearest filling station.


14 posted on 07/01/2026 2:22:31 PM PDT by PghBaldy (12/14/12- 930am -rampage begins... 12/15/12 - 1030am - Obama team scouts photo-op locations.)
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To: PJ-Comix

Bull-BLEEP-ico still have all their panties in a twist at the loss of the USAID money trough.

For YEARS, the Hussein/Biden/Harris Regime funneled $$$$$ to Politico with hundreds (thousands?) of “subscriptions.” Just how much of the $$$ was funneled back using their “10%s for all the Big Guys” has yet to be determined.


15 posted on 07/01/2026 2:29:24 PM PDT by Ronaldus Magnus III (Do, or do not, there is no try. )
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To: Fledermaus
It was a great military success.

Not as great as the Battle of Midway
16 posted on 07/01/2026 2:35:57 PM PDT by af_vet_1981 ( The bus came by and I got on, That's when it all began.)
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To: PJ-Comix

My best buddy, who lives behind enemy lines in Olympia, WA just told me today that the grand WA state mob in charge jacked up gas prices by 3, 4 cents a gallon. So, much for dropping prices in the Communist Republik of Washington State.


17 posted on 07/01/2026 2:39:40 PM PDT by RetiredArmy (The Bible speaks truth! Don't believe it, you do so at your own peril. You'd better be right!!)
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To: ckilmer

Your big assumption is that the price will stay low so that we can refill the reserve now at a lower price.

The point of my message is that because the reserves are critically low now, any additional event from here will have a radically different effect on prices than before.


18 posted on 07/01/2026 2:50:00 PM PDT by Mount Athos
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To: Mount Athos

At 68 bucks a barrel now would be a good time to fill back up


19 posted on 07/01/2026 2:50:38 PM PDT by cableguymn (Can't cancel all of us)
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To: Bullish

Correct

In ca there is no to big to cheat

Everyone knows they are cheating. So why hide it now?


20 posted on 07/01/2026 2:51:32 PM PDT by cableguymn (Can't cancel all of us)
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