According to the Energy Information Administration, the national average price for gasoline was $4.26 per gallon at the end of April and it was largely stable throughout last month. Not good. Certainly painful. But wholesale gas price has exploded higher in recent weeks and that means retail gas prices are about to do the same thing. The wholesale cost points to a nationwide pump price of $5. Not next month, soon.
Eurodollar University's Money & Macro Analysis
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Just a Few Stocks Driving S&P 500 Rally Triggers Dot-Com Bubble Flashbacks
https://www.bloomberg.com/news/articles/2026-05-05/dot-com-bubble-flashbacks-triggered-by-lack-of-s-p-500-breadth
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https://www.realclearmarkets.com/articles/2026/05/05/rcmtipp_steadies_in_may_as_stress_eases_1180584.html
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