The Winners and Losers of Rising Gas Prices

Who wins and who loses from rising gas prices? [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( SPONSORED [Billions Pouring into the Next Big Industry]( Major investors are taking note - and the legend who bought Amazon at $48 and Apple at $0.35 is [pounding the table on one $2 stock](. Editor's Note: Today we're sharing an article from Senior Markets Expert Matt Benjamin from our sister e-letter Liberty Through Wealth. In it, Matt digs into rising gas prices and reveals who wins and who loses as prices continue to rise. We think you'll enjoy it. But rising commodities prices shouldn't be news to you... This trend is something that Chief Income Strategist Marc Lichtenfeld has been pounding the table about a lot lately in Wealthy Retirement. In fact, Marc recently discovered that a tiny miner based in rural Minnesota has [a near-monopoly on a special commodity]( that's CRITICAL to Tesla's success. This commodity is not lithium, copper or anything you've likely invested in before... [It's far more powerful.]( Consulting firm McKinsey expects demand for [this commodity to "rise 16-fold"]( by 2025. That's why [we're recommending that you get the rundown on this deal immediately](. [Get the complete details on what's happening right here.]( - Rachel Gearhart, Associate Publisher [ENERGY STOCKS]( [The Ripple Effect of Rising Gas Prices]( [Matt Benjamin, Senior Markets Expert, The Oxford Club]( [Matt Benjamin]( Throughout my entire career as a financial journalist and policy analyst, I've kept an eye on one particular data point. That's because it has an outsize impact on our society. I'm talking about the price of gasoline. As I'll share, it's so critical to both the economy and politics that any (good) analyst ignores it at their peril. And the price at the pump recently hit a 10-month high. The price of a gallon averaged about $3.86 last week. That's 20% higher than the $3.22 we were paying per gallon at the beginning of the year. In some parts of the country, sub-$4 prices are but a dream. The price of a gallon of gasoline in Utah is $4.27, and it's a whopping $5.10 in Washington. [Chart: Gas Prices Are Rising]( For the average American (who consumes more than 400 gallons a year), that's several hundred dollars more they're pouring into the tank instead of spending on groceries or other essentials. And the expense can be much higher for workers who depend on their trucks or cars to do their jobs. Of course, consumers aren't the only ones impacted by rising fuel costs. Here's a brief rundown of who else loses as the price at the pump continues to rise... and who wins. SPONSORED [My wife was skeptical... until I showed her my account balance.]( [Shocked Wife]( The Fed just created the single greatest income opportunity I've seen in nearly 20 years. I've put more than $1M of my own money into it. And plan to add another million! I even suggested my wife put her savings into it. [That's because I fully expect this money move to hand me at least $1 MILLION within 5 years.]( My wife - an elementary school teacher - wanted me to be more cautious... until she saw my account had soared $79,487 in just one month. [Now she's going in BIG too with $200K!]( If you act now (and I mean before July 26)... you could ride this wave with us. But hurry... once this opportunity is gone... we'll likely never see it again. [Here's why...]( The Losers Higher gas prices could prove to be a real headache for Jerome Powell and his colleagues at the Fed. These policymakers have been busy for over a year trying to bring soaring inflation back to earth. And they've had pretty good luck, as the year-over-year inflation rate in July was 3.2%, about a third of the level from a year ago. Rising fuel prices could claw back some of that progress and force the Fed, which is now on hold, to raise rates yet again. Of course, the Fed looks most closely at the so-called "core" inflation rate, which excludes prices of highly volatile items like food and fuel. Still, those prices are critical to most Americans. And the price of gasoline drives consumer sentiment. After all, most Americans don't follow the consumer price index or the GDP figures. Instead, those huge signs along the road that show the daily price of gasoline guide their sense of how things are going. And many people adjust their economic expectations and behaviors accordingly. A survey last year by AAA found that 59% of Americans said they would change their driving habits or lifestyles if the cost of gas got too high. The sitting president also tends to lose as gas prices increase. Indeed, approval of the current president seems to fall when the price of gasoline rises (and vice versa). I always suspected this was the case, but [a 2021 study by Data for Progress]( proves it. The study found that President Joe Biden's approval and disapproval numbers were strongly correlated with gas prices. So if prices continue to rise, it could be very bad news for Democrats next year. The Winners High gas prices incentivize many people to consider buying electric vehicles (EVs). So makers of EVs, like Tesla (Nasdaq: TSLA) and Rivian Automotive (Nasdaq: RIVN), could benefit if gas prices remain elevated. Companies that make EV components, like batteries, or supply commodities, like lithium or copper, could also do well. And of course, investors holding EV stocks, energy stocks and other commodities will be positioned for gains as gas prices rise. Just remember that prices won't rise forever. OPEC - which cut production by another 1 million barrels a day in June - might reopen the spigots if high prices start to curtail demand. And the soaring heat this year, which shut down some refineries, will eventually subside. Also, if China's economy continues to decline, global crude oil prices could fall, taking gasoline prices lower with them. Bottom line: While the rising price of gas is bad news for some, it may be good news for investors positioned to take advantage of it. In fact, Chief Income Strategist Marc Lichtenfeld predicts [we're at the beginning of a commodities supercycle](. Learn about that investment opportunity [here](. Invest wisely, Matt [Leave a Comment]( [Investment U Conference 2024 at the Ojai Valley Inn & Spa in Ojai, California. 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