“The price of fuel is not that big a deal,” said energy fellow Mark Finley, "but if you look at its impact on consumer confidence, it seems to be a proxy for how you feel about the world in general.”
“The Chinese and the Saudis both are famous for making announcements about new overarching strategic frameworks … [but] it never quite materializes,” said Baker Institute Director David Satterfield.
"The strategy to me does not match the nature of the drug,” said U.S.-Mexico Center director Tony Payan of Texas Gov. Abbott's plan to target cheap, easily smuggled fentanyl. Big fentanyl drug busts? Not always impressive, Payan added. "Dealers can afford to lose a lot of it and still make a very handsome profit.”
"It isn't a massive lead, but it's one that O’Rourke ... has been unable to reduce in any notable way,” said fellow Mark Jones of Texas Gov. Greg Abbott's current lead over Democratic rival Beto O'Rourke. But "all hope is not lost for Democrats."
Seasonal factors are in part behind the decline in gas prices, said Michelle Michot Foss, fellow in energy, minerals and materials. "Prices tend to fall starting about mid-summer anyway," she said. She also explained that falling crude oil prices play a part: "Whatever you pay per barrel of oil plus a dollar and change to push it through a refinery is what you'll see at the gasoline pump."