Inflation, gas prices make Trump tax cut savings go pffft
Published . Updated .
Sens. John Thune and Mike Rounds repeatedly crow about how tax cuts created by Donald Trump's “big, beautiful bill,” were supposed to be a cash windfall for working families. Mike Rounds seems particularly infatuated with the notion, as a line about it seems to show up in every
Directly affected
- No company is named in this report.
Indirectly affected
- UNG United States Natural Gas Fund-7.0% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story.
- XLE Energy Select Sector SPDR+6.5% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story.
- USO United States Oil Fund+4.8% 30d
United States Oil Fund: its price follows crude oil. Linked by “gas prices” (oil) in this story.
- TIP iShares TIPS Bond ETF-0.5% 30d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- LNG Cheniere Energy+11.9% 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.
- EQT Eqt+5.8% 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.
- KMI Kinder Morgan+4.2% 7d
Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas prices” (natural gas) in this story.
- WMB The Williams Companies
The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas prices” (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 |
|---|---|---|---|---|---|---|---|
| UNGNo price data for this ticker | — | — | — | — | — | — | — |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| USONo price data for this ticker | — | — | — | — | — | — | — |
| TIPNo price data for this ticker | — | — | — | — | — | — | — |
| LNGNo price data for this ticker | — | — | — | — | — | — | — |
| EQTNo price data for this ticker | — | — | — | — | — | — | — |
| KMINo price data for this ticker | — | — | — | — | — | — | — |
| WMBNo price data for this ticker | — | — | — | — | — | — | — |
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.
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Inflation, gas prices make Trump tax cut savings go pffft The South Dakota Standard
Source: The South Dakota Standard
Trades by members of Congress and officials in the stocks in this story
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 62 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Eqt (EQT), worth $1,001 - $15,000 on 17 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 14 Aug 2026. That is 75 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Kinder Morgan (KMI), worth $1,001 - $15,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Sen. Alan Armstrong sold Williams Companies (WMB) (jointly held), worth $250,001 - $500,000 on 8 Sep 2026. That is 50 days before publication. Filed 22 Oct 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $15,001 - $50,000 on 20 Aug 2026. That is 69 days before publication. Filed 17 Sep 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $1,001 - $15,000 on 19 Aug 2026. That is 70 days before publication. Filed 17 Sep 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).
Who is named in “Inflation, gas prices make Trump tax cut savings go pffft”
Companies carried with this story
- UNG United States Natural Gas Fund
For “Inflation, gas prices make Trump tax cut savings go pffft,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Inflation, gas prices make Trump tax cut savings go pffft.” Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story
- USO United States Oil Fund
In “Inflation, gas prices make Trump tax cut savings go pffft,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “gas prices” (oil) in this story
- TIP Ishares Tr
For “Inflation, gas prices make Trump tax cut savings go pffft,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- LNG Cheniere Energy
In “Inflation, gas prices make Trump tax cut savings go pffft,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas prices” (natural gas) in this story
- EQT Eqt
In “Inflation, gas prices make Trump tax cut savings go pffft,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: 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
- KMI Kinder Morgan
In “Inflation, gas prices make Trump tax cut savings go pffft,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas prices” (natural gas) in this story
- WMB Williams Companies
Williams Companies (WMB) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Inflation, gas prices make Trump tax cut savings go pffft.” Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas prices” (natural gas) in this story
How “Inflation, gas prices make Trump tax cut savings go pffft” reaches United States Natural Gas Fund (UNG)
United States Natural Gas Fund (UNG) is the company in “Inflation, gas prices make Trump tax cut savings go pffft,” the 28 Oct 2026 this story story.
For United States Natural Gas Fund (UNG), the reason on file says United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story
Dates in the story, and the United States Natural Gas Fund (UNG) price range
UNG traded between 9.31 and 11.43 across 20 sessions. The latest close on file is 9.63. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 163.62. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.23.
What the saved facts support for United States Natural Gas Fund (UNG)
46 out of 100
“Inflation, gas prices make Trump tax cut savings go pffft” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.