Midterm Elections Likely to See Gridlock, Influenced by Energy Prices

“So when we're thinking about midterm outlook, just historically the sitting president's party loses about thirty seats. Then you add in the potential for an oil shock, which we have been experiencing. So if you have an increase in gas prices from the prior January so January twenty twenty five to this year through this year, you're looking at average seat losses of thirty two versus six in a normal year where you don't have that gas price component. So affordability is huge here. Layer in energy housing, you've got an uphill climb.”