Caleb

Sharing the latest update of our gas price forecast based on Goldman's post-cease-fire crude projection (along with prior forecasts for transparency). Relative to pre-conflict, we expect consumers to pay an additonal $776 on gas this year. @CalebBrobst97 @weakinstrument

@minakimes Didn’t have Mina Kimes explaining basic neo-classical economics theory to a bunch of armchair GMs on my bingo card. Yet here we are.

No. Im saying 32 teams clearly value one position more than the other, as evidenced by the fact that the better player is making way less.

Updated our analysis based on GS's latest forecast, which has limited flows through the Strait of Hormuz for a total of 6 weeks (thru April 10) vs their initial 3-week estimate (thru March 27). Link to the original piece w/ @econJaredB Caleb Brobst @weakinstrument below.

@AnnaEconomist @TheTerminal Using the passthrough model of me, @nealemahoney , @econJaredB, and Caleb Brobst, $170/bbl would absolutely wreak havoc on budgets, blowing past $350 in extra costs by June. Even if it dropped below $90 by July, you would still have extra gas expenditures >$1200 for the year.