Jeff Currie Sees $5 Gasoline Before Midterms

Diesel just broke $6 a gallon nationwide for the first time in U. S. history, and Jeff Currie says $5 gasoline is likely to land before midterms.

The founder and CEO of Real Macro, who spent more than a decade running Goldman Sachs’ commodities research desk, told Bloomberg Television on Friday that the odds of average U. S. gasoline hitting $5 a gallon before the November midterms are “extremely high.