Nope, No Higher Gas Prices Please

Port Strikes Will Cause Higher Prices at the Pumps, You Can Bet On It                                                                                                                                                                                                                                                                                                                                                                                                                 October 04, 2024 | [Read Online]( Today’s Morning News This email is proudly sponsored by [WinRed]( Your Daily Cartoon Port Strike Now Expected to Impact Gas Prices A prolonged strike by dockworkers at East and Gulf Coast ports, set to begin if a new contract isn't agreed upon by the early October deadline, could have significant repercussions for the oil and gas industry, despite initial assessments from the Department of Energy suggesting no immediate impact on crude oil and natural gas imports or exports. However, experts argue that a sustained work stoppage would eventually disrupt the supply chain critical for the oil and gas sector, potentially leading to shortages and price increases due to the labor involved in loading and unloading these products. The strike, involving 45,000 workers from the International Longshoremen's Association (ILA), comes at a time when negotiations with the U.S. Maritime Alliance (USMX) over wages and automation concerns remain deadlocked, prompting fears of economic fallout if not resolved. The economic implications of such a strike are profound, with JPMorgan estimating a cost to the U.S. economy of between $3.8 billion to $4.5 billion per day, although other analyses suggest a slightly lower impact. This disruption could lead to not just higher fuel prices but also affect various sectors due to delayed shipments of critical goods, including pharmaceuticals and automotive parts, exacerbating inflation and potentially causing layoffs in manufacturing and related industries. Despite calls for intervention, President Biden has indicated reluctance to use the Taft-Hartley Act to enforce an 80-day cooling-off period, leaving the situation in limbo as both sides continue to negotiate amidst growing economic pressure. Advertisement Hi, it’s Mike – I’m glad I caught you. Our team at Republican HQ is spot-checking our 2024 file ahead of the General Election and your record was marked for verification. [Would you mind just confirming some information for me?]( I promise it won’t take more than a minute or two. That’s it. Hand to God. Here’s what I saw when I pulled your file: 2024 REPUBLICAN FILE [%%Email__c%%]( Your 2023 File: Confirmed Your 2024 File: Unconfirmed [CONFIRM YOUR RECORD]( I know I’m asking you for a favor so I won’t take up any more of your time. Have a great rest of your day. God bless you, Mike Pompeo [Mike Pompeo]( --------------------------------------------------------------- [Please take my Election Year Check-In!]( This is Steve Scalise. As your Majority Leader, I’m respectfully asking you to fill out my [ELECTION YEAR CHECK-IN]( at your earliest convenience. It’s important. I want to have your goals, your concerns, and your priorities in mind before I do anything else. What would you like me to keep in mind when I'm taking on the Radical Democrats? [START MY ELECTION YEAR CHECK-IN >>]( Paid for by TEAM SCALISE, a joint fundraising committee authorized by and to benefit SCALISE FOR CONGRESS and EYE OF THE TIGER PAC. Team Scalise is committed to defending our Conservative House majority and electing Conservatives across the country. Thank you for being a part of our movement. This message was sent to %%Email__c%% because you are a member of the Team Scalise Conservative grassroots network. Contributions to TEAM SCALISE, or any participating committee, are not deductible as charitable contributions for federal income tax purposes. Contributions from corporations, national banks, labor unions, foreign nationals without “green cards,” and federal government contractors are prohibited. Federal law requires us to use our best efforts to collect and report the name, mailing address, occupation, and employer of each individual who contributes over $200 in a calendar year. You can donate via mail by sending a check to: 320 First Street SE 2nd Floor Washington, DC 20003 [Privacy Policy]( Take a Quick Poll We’d love to know what you think about the hottest topics, and this is your chance to share an opinion! Did the VP debate change your mind about who you are voting for? [Yes]( [No]( [Not Sure]( YouTube Video of the Day [YouTube video by The Political Movement]( Recession? Don’t Worry, the Fed’s Got This (Spoiler: They Don’t) Have a great day! Sam Bennett [tw]( [yt]( Update your email preferences or unsubscribe [here]( © 2024 The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume the sender of this email has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this message and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. 4801 Linton Blvd. #11A-636 Delray Beach, FL 33445, United States of America [[beehiiv logo]Powered by beehiiv]( [Terms of Service](