CNN Data Guru Reveals ‘Killer’ Trend That Spells Doom for Trump
Andrew Harnik / Getty Images Gas prices are surging at a rate unseen in any midterm year this century, according to CNN data analyst Harry Enten.
Prices have been rising since Trump began his war with Iran in February and the Strait of Hormuz, a crucial route for oil shipments, was closed.
But prices now stand at record-breaking levels.
Brent crude climbed to around $109 a barrel on Monday, its highest level since May, while gasoline has reached $4.32 a gallon and diesel a record $6.23, according to AAA.
Overall, gas prices have climbed 52 percent since January, according to the AAA.
That is nearly double the previous midterm-year record of 27 percent and almost three times the 18 percent average.
“Normally gas prices do go up during the course of an election year, during the course of a midterm year, but never this high.
This is record breaking.
We are talking record breaking for a midterm this century,” Enten said.
That is especially striking because gas prices typically fall after Labor Day.
In every midterm year this century, prices dropped between August 14 and September 14.
This year, they rose 6 percent instead.
“Normally... there’s some relief going on with gas prices as we go into the midterm election.
Not this year.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.thedailybeast.com — the content belongs to The Daily Beast.