That's not even inflation-adjusted.
If you adjust back to GWB dollars, the 35 for Trump II GOES TO ZERO.
Posted on 10/26/2026 7:20:13 AM PDT by eastexsteve
In my part of Texas, oil, gas, and timber drives the economy. I made an observation in a family meeting yesterday that it's really starting to break loose here. The local RV parks that are usually empty during the week, are filling up with oilfield workers. The oil and gas personnel that I know who are involved in site prep are working overtime. My son-in-law is one, and he is now working 36 hour shifts.
I've been holding off doing a thinning cutting on one of my timber tracts because the price has been so low. But, last week my timber manager came to me and told me it was time to cut, as the prices were up 30% over what they were in the summer. Not just for the sawlogs, but the mills are crying for sweetgum. This is normally non-marketable timber, except when the oil companies are looking to buy it for what they call "derrick flooring." Right now the mills can't get enough of it to meet the demand. And, a lot of timber is coming in to the mills from clearing off drilling locations.
To those of you who are starting to lose faith in Trumps' promise for lower gas prices, I can only say one thing. Hang on, it's coming. And, it looks like a big one.
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