Even IF we take the house and senate what the hell good will that do they can’t over ride Bidens executive order of closing our pipelines!!
IMHO, the WH is/will be in panic mode. During the SOTU gas was still “cheap” in may area, maybe $3.50 range and really wasn’t discussed and was brushed under the rug.
Now, almost everywher is over $4.00/gal or even $5 in places like CA.
They did the “stunt” of the release of a few days of oil from the SPR, hoping prices would go down. They are/will be backed into a corner soon as
a)people won’t tolerate this and it will hurt them ion the mid-terms, just like Covid was, so they called it over
b) sustained high prices will cause a recession. A few weeks, it will hurt but might not stop you Friday date night dinner. If it continues for much longer, say a month or even into the busy summer travel season, they will have to do something as elections are getting closer.
I have a feeling we may see a reversal on drilling, pipelines, etc. just like the reversal son re-funding the police.