Jeff Currie Sees $5 Gasoline Before Midterms

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-11 • Permanent link

Rumors of a looming energy crisis have been circulating among market analysts, but one prediction has caught the attention of many: Jeff Currie, founder and CEO of Real Macro, believes that $5 gasoline is likely to land before the midterms. This prediction has sent shockwaves through the energy sector, with diesel prices already breaking $6 a gallon nationwide for the first time in U.S. history. The implications of such a price hike are far-reaching, with potential effects on consumer spending, economic growth, and the overall stability of the global economy.

The potential impact on investors is significant, as a surge in energy prices could lead to a sharp decline in the value of stocks and bonds. Many investors have been betting on a relatively stable energy market, and a sudden price spike could leave them scrambling to adjust their portfolios. Additionally, the rise in energy costs could also lead to a decrease in consumer spending, which could have a ripple effect on the broader economy.

Historically, energy prices have been known to be volatile, and a $5 gasoline price is not entirely out of the question. Since the 1970s, the U.S. has experienced several periods of high energy prices, including the 1970s oil embargo and the 2005 hurricane season. In each of these cases, the energy market responded with a sharp price increase, and the economy was able to recover once prices returned to more normal levels.

As the midterms approach, investors will be watching closely to see how the energy market responds to the potential price spike. In the coming weeks, analysts will be keeping a close eye on oil production levels, geopolitical tensions, and other factors that could impact energy prices. With the midterms just around the corner, the energy market is poised for a potentially wild ride, and investors would do well to stay vigilant.