Geopolitics Alpha

Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA

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Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA

MAGA voters at a Michigan Trump rally dismiss rising gas prices and the Iran war as temporary sacrifices, vowing to back Republicans in midterms.

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-7.2% 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+7.4% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story.

  • USO United States Oil Fund+8.2% 30d

    United States Oil Fund: its price follows crude oil. Linked by “gas prices” (oil) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF-6.7% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • OXY Occidental Petroleum+3.8% 18d

    Occidental Petroleum (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+8.9% 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+4.5% 19d

    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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNGNo price data for this ticker———————
XLE-2.42%-2.96%baseafter closeafter closeafter closeafter close
USO-3.36%-2.27%baseafter closeafter closeafter closeafter close
ITANo price data for this ticker———————
OXYNo price data for this ticker———————
LNGNo price data for this ticker———————
EQTNo price data for this ticker———————
KMINo 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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA Fox News

Source: Fox News

The price since 26 Oct 2026: United States Natural Gas Fund (UNG) versus the S&P 500

CompanyWhenMoveStatus
United States Oil Fund (USO)three days earlier-2.27%final price
United States Oil Fund (USO)five days earlier-3.36%final price
Select Sector Spdr Tr (XLE)three days earlier-2.96%final price
Select Sector Spdr Tr (XLE)five days earlier-2.42%final price

Trades by members of Congress and officials in the stocks in this story

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).

Companies in defense around United States Natural Gas Fund (UNG)

Companies that tend to gain

  • OXY Occidental Petroleum

    In “Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA,” Occidental Petroleum (OXY) tends to benefit, medium confidence. Reason on file: Occidental Petroleum (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas prices” (natural gas) in this story

  • XOM ExxonMobil Holdings

    In “Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gas prices” (oil) in this story

  • CVX Chevron

    In “Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gas prices” (oil) in this story

No up or down call on file

  • UNG United States Natural Gas Fund

    For “Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA,” 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 26 Oct 2026 story “Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA.” 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

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “gas prices” (oil) in this story

  • ITA IShares U.S. Aerospace & Defense ETF

    In “Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

How defense news reaches United States Natural Gas Fund (UNG)

The 26 Oct 2026 story “Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA” names United States Natural Gas Fund (UNG) because of Defense.

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

A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story

Dates and price levels for United States Natural Gas Fund (UNG)

UNG traded between 9.52 and 11.43 across 20 sessions. The latest close on file is 9.59. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 169.55. XLE traded between 60.95 and 69.72 across 20 sessions. The latest close on file is 69.32.

How solid the defense case looks

46 out of 100

“Not even sky high gas prices or the Iran war will stop Trump supporters voting MAGA” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.