ME Energy Markets

GOODLANDER: Do you know what the average cost of a gallon of gas was in this country was on February 28? HEGSETH: If you live in California, it's $8 GOODLANDER: $2.83. Do you know what the cost is today? HEGSETH: Much higher in California GOODLANDER: $4.23. You can't answer this basic question?

🚨 Video shows explosion of engine on American KC-135 refueling aircraft during takeoff in Atlanta.

I had no idea who Sara Jacobs was until this moment. She took Pete Hegseth and Donald Trump apart in less than a minute. 🔥

ONLY IN IRAN! An Iranian bride and groom, after their wedding ceremony, join the nighttime gatherings to defend Iran's territorial integrity, and a police car even escorts them!

A must-see clip for Democrat Congresswoman @SaraJacobsCA standing up to Pete Hegseth: “And Mr. Secretary (Pete Hegseth), if you think this is what winning looks like (in Iran), then maybe we should be questioning your mental stability and the president should think about replacing you.” It's all a joke to him. He doesn't care about Americans.

Q: Mr. President, how long are you prepared to maintain the blockade? "The blockade is genius, okay. The blockade has been 100% foolproof ... Now, they have to cry uncle. That's all they have to do. Just say 'we give up.'" - President Trump (4/29/26)

A gathering of ten thousand athletes at the Nature Bridge in Tehran on the occasion of National Persian Gulf Day. Life in the capital of Iran continues with great vitality, and the people are ready to defend their country.

BREAKING: 🇩🇪 Germany is rapidly heading towards a severe economic crisis Germany's unemployment rate reached 6.4%, the highest since the Covid-19 peak, which also was at 6.4%.

🚨🇺🇸Outside the Armed Services Committee, activists confronted Secretary of War, Pete Hegseth, over civilian deaths in Iran "Pete Hegseth, you are the Department of War Crimes!" "Why did you order the bombing of the girls' school in Iran?"

SCARY: 🇺🇸 After his resignation, ex U.S. Army Chief of Staff Randy George reportedly said "A mad man will lead the great U.S. military to its demise."

New: The $25 billion estimate that a top Pentagon official gave to lawmakers on Wednesday for the total cost to date of the Iran war is a lowball figure that does not include the cost of repairing extensive damage suffered by US bases in the region, sources tell @NatashaBertrand & me. cnn.com/2026/04/29/pol…

$5.00 gas incoming Good Job America, you didn't let the 6 bankruptcies, 90 failed businesses, & 68 lies a day, deter you from voting for the Conman. 👏

🛢️🇮🇷 TRUTH: Iran is now moving millions of barrels crude oil via railway to friendly countries and they move these shipments faster 14days vs 40 days on a ship. Iran is making TONS AND TONS of money at this moment, their economy is on fire. The Trump Hormuz blockage is isn't working, it FAILED. Once again the Iranians outsmarted the aggressors on the chessboard. THE U.S. WILL NEVER BE ABLE TO STOP IRAN'S OIL EXPORTS!

SCALISE: We've delivered. People will remember that two years ago, we were paying almost $6 a gallon for gas. Right now it's in the $3s KERNEN: When were we paying $6? SCALISE: Two and a half years ago KERNEN: That wasn't the average price SCALISE: We are lowering inflation KERNEN: We are actually above where we were then. Two years ago the average was $3.65.

US wheat prices are surging: US wheat futures prices jumped +4.1% on Tuesday, to ~$6.58 per bushel, the highest since June 2024. Prices have risen +30% since the start of the year, driven by persistent drought across the US Plains farming region and soaring fertilizer costs. Only 30% of the US wheat crop is currently rated good or excellent by the USDA, while the proportion rated poor or very poor continues to rise. Wheat plants are also maturing too early due to drought stress, with 34% already forming grain heads versus the 5-year average of 21%, a sign the harvest could be significantly smaller than usual. Meanwhile, US farmers are set to plant the least wheat since records began in 1919, as high costs for fertilizer, seeds, and equipment have made the crop increasingly difficult to grow profitably. Food inflation pressures are set to accelerate.

"Golden age."

BREAKING: 🇬🇧🇮🇷 Guardian reports that Iran war has cost Britain £35 billion and threatens its economy with recession. Even in the most optimistic scenario, economic growth will decline, and the increase in global energy prices resulting from this war will raise household and business costs and intensify inflationary pressures.

POLITICAL EARTHQUAKE! Congressman Dan Webster Resigns After Reading Epstein Files: 35 Republicans Have Now Abandoned Trump Trump’s legislative base is crumbling. Florida Representative Dan Webster has become the 35th Republican to resign from office after accessing the unredacted Epstein files.

Commercial oil reserves in the US are being depleted at an unprecedented pace due to the US blockade of Iran Asian buyers, who can now no longer access Iranian oil, are following President Trump's advice to buy American oil. A side effect of this is that Americans will face a sharp rise in gasoline and diesel prices and may even soon face physical fuel shortages at gas stations and airports, as has been observed in every Southeast Asian country over the past two months, industry media note.

Chilling: Iran supreme leader issues statement saying: — only place Americans belong in Persian Gulf is 'at the bottom of its waters — Iran will protect nuclear capability —Iran will keep Hormuz Iran is not surrendering— it’s preparing for escalation thestar.com/news/world/mid…