Center on Wealth & Poverty

The Mission of Discovery Institute’s Center on Wealth & Poverty is to apply the perennial truths of economics and ethics to the urgent challenges of today. We are building a sustained argument against the progressive ideological regime that increasingly dominates America’s institutions and rebuilding the foundation of the nation’s first principles: freedom, equality, charity, and the pursuit of happiness for all. Read more.

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Here Comes $10 Gasoline

_{Nathan Lewis
February 7, 2026
6
Inflation}

When I look at how things are going, I keep coming to the conclusion that we might see $10 per gallon gasoline at your local pump pretty soon — maybe in 2027. It would cost $200 for a 20-gallon fillup. It might not happen, but if it did, it wouldn’t surprise me a bit. Basically, it would feel like a replay of the Oil Crisis of 1973.

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