Gas was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began
Published . Updated .
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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 “gallon” (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 “gallon” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “gallon” (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” (natural gas) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gallon” (oil) in this story.
- CVX Chevron+5.5% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gallon” (oil) in this story.
- OXY Occidental Petroleum+10.3% 18d
Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “gallon” (oil) 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” (natural gas) 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 | +13.96% | +6.75% | base | +0.65% | after close | after close | after close |
| XLE | +13.47% | +8.12% | base | +0.49% | after close | after close | after close |
| UNG | -1.94% | -1.51% | base | +1.51% | after close | after close | after close |
| ITA | +2.67% | +5.93% | base | +1.68% | after close | after close | after close |
| XOM | +13.27% | +7.37% | base | +0.52% | after close | after close | after close |
| CVX | +10.62% | +5.78% | base | +0.06% | after close | after close | after close |
| OXY | +13.54% | +7.23% | base | +0.46% | after close | after close | after close |
| LNG | +18.19% | +11.32% | base | -0.14% | 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 was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began Fortune
Source: Fortune
Defense
| Company | When | Move | Status |
|---|---|---|---|
| CVX | that day | +0.06% | still updating |
| CVX | three days earlier | +5.78% | final price |
| CVX | five days earlier | +10.62% | final price |
| ITA | that day | +1.68% | still updating |
| ITA | three days earlier | +5.93% | final price |
| ITA | five days earlier | +2.67% | final price |
| LNG | that day | -0.14% | still updating |
| LNG | three days earlier | +11.32% | final price |
| LNG | five days earlier | +18.19% | final price |
| OXY | that day | +0.46% | still updating |
| OXY | three days earlier | +7.23% | final price |
| OXY | five days earlier | +13.54% | final price |
| UNG | that day | +1.51% | still updating |
| UNG | three days earlier | -1.51% | final price |
| UNG | five days earlier | -1.94% | final price |
| USO | that day | +0.65% | still updating |
| USO | three days earlier | +6.75% | final price |
| USO | five days earlier | +13.96% | final price |
| XLE | that day | +0.49% | still updating |
| XLE | three days earlier | +8.12% | final price |
| XLE | five days earlier | +13.47% | final price |
| XOM | that day | +0.52% | still updating |
| XOM | three days earlier | +7.37% | final price |
| XOM | five days earlier | +13.27% | 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 23 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 67 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 23 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 44 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 65 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Occidental Petroleum (OXY), worth $100,001 - $250,000 on 21 Aug 2026. That is 77 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 defense case looks
12 out of 100Price not final
“Gas was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began” scores 12 out of 100. The score uses 1 sources. The price is not final yet.