UGA United States Gasoline Fund LP : Bullish and Bearish Analyst Opinions

Sentiment & Price 9 ideas • 6 voices • 4 sources
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19:25
Apr 15
Scott Bessent Treasury Secretary Bloomberg Markets
Gas prices drop below $3 in summer.
Treasury Secretary Scott Bessent is optimistic that gasoline prices will drop below $3 per gallon between June 20 and September 20, citing that crude oil prices have fallen substantially and with the Straits of Hormuz potentially reopening, Middle Eastern countries can increase oil supply within a week, which should lead to lower crude oil and gasoline prices. He also plans to monitor gas stations to ensure price decreases are passed on.
UGA
HIGH
16:35
Apr 11
Steven Schork President, The Schork Group Bloomberg Markets
Oil prices to stay high due to tight physical supply.
The physical oil market is trading at a significant premium to futures, indicating tight supply and a disconnect from the futures market's hopeful pricing. Despite the temporary cease-fire and potential resumption of Strait of Hormuz traffic, infrastructure damage, seasonal refinery maintenance, and the upcoming summer demand spike will keep oil prices high and volatile, with gasoline prices potentially reaching $5 per gallon.
UGA
HIGH
12:46
Apr 11
Steven Schork President, The Schork Group Bloomberg Markets
Gasoline prices rising from war and summer blend.
Gasoline prices are expected to rise due to a war premium pass-through and the seasonal shift to summer blend, with national average potentially reaching $4.20 to $5.00 per gallon.
UGA
HIGH
22:20
Mar 20
Kevin Book ClearView Energy Partners Managing Director Bloomberg Markets
The speaker stated that crude oil at the high end of his modeled range ($174) would essentially double the gasoline price at the pump, leading to a national average nearing a "$6 handle." Gasoline prices are directly and significantly correlated with crude oil input costs. A supply-driven crude price spike feeds directly into higher refined product prices. LONG as a direct derivative of the crude oil supply shock thesis, implying substantial upside for gasoline prices. The same risks that would break the crude oil thesis, or significant policy intervention (e.g., product export bans) to cap domestic gasoline prices.
UGA
16:30
Mar 18
Prediction market data is pricing in a continued rise for U.S. gasoline prices to the $4.30/gallon level within the current month.
UGA
MED
13:50
Mar 09
Bloomberg Markets Bloomberg Markets
"The US is a laggard. And if we see what's happening in the rest of the world, it tells you that we're gonna see $4 at the pump more sooner than we otherwise see." Crude oil has nearly doubled (from $65 to $103), but US gasoline has only risen 15% due to domestic inventory drawdowns. As these local storage buffers deplete, US pump prices must mathematically catch up to the underlying cost of crude and the reality of tight global refined product markets. UGA (United States Gasoline Fund) directly tracks the price of gasoline futures, making it the purest play on this specific price catch-up. LONG US gasoline futures via ETF to capture the closing of the price gap between raw crude and refined pump prices. Government intervention (such as SPR releases or gas tax holidays) to artificially suppress pump prices, or sudden macroeconomic shocks that destroy consumer driving demand.
UGA
02:02
Mar 09
The significant overnight spike in crude oil prices will be passed through to consumers, leading to higher retail gasoline prices.
UGA
HIGH
14:25
Mar 06
The author forecasts a continued sharp rise in US gasoline prices, expecting them to break the $3.50 level within a very short timeframe.
UGA
MED
00:06
Mar 02
Geopolitical escalation following the attack on Iran is expected to disrupt crude oil supply chains, leading analysts to forecast a rise in US gasoline prices.
UGA
MED

About UGA Analyst Coverage

Buzzberg tracks UGA (United States Gasoline Fund LP) across 4 sources. 8 bullish vs 0 bearish calls from 6 analysts. Sentiment: predominantly bullish (89%). 9 total trade ideas tracked.