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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Latest polling from Quinnipiac University shows respondents significantly concerned about the impact of high gasoline prices on family finances. Sixty-four per cent of respondents stated that the rise in prices was a very or somewhat serious problem for them and their families, with just 14% stating that there was 'not a problem at all' imposed by sharp increase in prices.
- How much of a problem has the price of gasoline been for you and your family lately?: Very serious: 37%, Somewhat serious: 27%, Not too serious: 21%, Not a problem at all: 14%. (Quinnipiac U. Poll, 3/10-14/22).
- Punchbowl News reporting this morning that several options are being mulled by Congressional Dems including a gas tax holiday, sending direct payments to citizens for gasoline, and legislating to cancel oil firms' federal leases unless they are actively drilling.
- With the midterms approaching at year-end, Democrats will be desparate to ease impact on voters' wallets ahead of time, with high gas prices often a harbinger of significant electoral defeats for incumbent parties.
Map of Avg. Gasoline Prices by State, 15 March 2022
Source: AAA, Geopolitical Futures
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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