Gas Prices Could Fall Below $4 as Election Results Rattle Oil Markets
Published . Updated .
Covered by 5 outlets: KITV, KIMT, WXOW, KVOA, WKOW.
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This report is about oil and natural gas. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-5.0% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- UNG United States Natural Gas Fund-19.6% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+5.5% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- EQT Eqt+4.3% 30d
Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas prices” (natural gas) in this story.
- LNG Cheniere Energy+5.7% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas prices” (natural gas) in this story.
- COP ConocoPhillips+2.8% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +15.71% | +7.84% | base | after close | after close | after close | after close |
| XLE | +8.14% | +5.85% | base | after close | after close | after close | after close |
| UNG | -1.02% | -2.91% | base | after close | after close | after close | after close |
| XOM | +8.08% | +6.08% | base | after close | after close | after close | after close |
| CVX | +6.66% | +5.01% | base | after close | after close | after close | after close |
| EQT | +3.85% | +4.42% | base | after close | after close | after close | after close |
| LNG | +9.22% | +6.72% | base | after close | after close | after close | after close |
| COP | +9.55% | +7.27% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Gas Prices Could Fall Below $4 as Election Results Rattle Oil Markets KITV
Source: KITV
Energy
| Company | When | Move | Status |
|---|---|---|---|
| COP | three days earlier | +7.27% | final price |
| COP | five days earlier | +9.55% | final price |
| CVX | three days earlier | +5.01% | final price |
| CVX | five days earlier | +6.66% | final price |
| EQT | three days earlier | +4.42% | final price |
| EQT | five days earlier | +3.85% | final price |
| LNG | three days earlier | +6.72% | final price |
| LNG | five days earlier | +9.22% | final price |
| UNG | three days earlier | -2.91% | final price |
| UNG | five days earlier | -1.02% | final price |
| USO | three days earlier | +7.84% | final price |
| USO | five days earlier | +15.71% | final price |
| XLE | three days earlier | +5.85% | final price |
| XLE | five days earlier | +8.14% | final price |
| XOM | three days earlier | +6.08% | final price |
| XOM | five days earlier | +8.08% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 22 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 66 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 22 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 43 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 64 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold EQT (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 70 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought EQT, worth $1,001 - $15,000 on 17 Aug 2026. That is 80 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold EQT (held by a spouse), worth $1,001 - $15,000 on 14 Aug 2026. That is 83 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 71 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 73 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 76 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the energy case looks
62 out of 100
“Gas Prices Could Fall Below $4 as Election Results Rattle Oil Markets” scores 62 out of 100. The score uses 5 sources.