Trump is touting energy companies' fortunes while US consumers face the most expensive year for gas ever. The tape reads it as a margin transfer: producers and refiners keep the upside, the consumer e

What happened: President Donald Trump is touting U.S. energy companies' fortunes during the Iran war while campaigning for Republican candidates ahead of next week's midterm elections, as U.S. consumers face the most expensive year for gas prices ever. Why it matters: The contrast between energy company gains and record consumer gas costs is framed against the midterm elections, with Trump canvassing the country to support Republican candidates. Coverage: 3 outlets in 24h

President Donald Trump is touting U.S. energy companies' fortunes during the Iran war while campaigning for Republican candidates ahead of next week's midterm elections, as U.S. consumers face the most expensive year for gas prices ever.

The contrast between energy company gains and record consumer gas costs is framed against the midterm elections, with Trump canvassing the country to support Republican candidates.