Recession Call Reversal, Warning Shot to Washington?, and Prices at the Pump 8/2/23
The Exchange
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Bob McNally: President Biden can have either a recession or low oil prices, but not both. If the economy is going to be healthy, in my view, we are certainly going back up above $4 a gallon in gasoline prices. We are not investing in producing enough to meet demand in the world at current prices, no way. He says when you're going into an election year or reelection year, the stakes are even that much higher.
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