New data reveals inflation “soared” to 3.8% in April – the highest in three years and driven by high gas prices from the Iran War. But last December, DC Insider and Big Oil Lobbyist Michael Whatley promised “an economy that’s growing and very, very strong first quarter, second quarter” in 2026. Instead, Whatley’s oil and gas stocks have spiked and benefitted his bottom line while North Carolina families face soaring prices. 

Michael Whatley: “So we’re very excited about the progress that’s been made so far, and what is coming in Q1 and Q2 of next year.”

Michael Whatley: “What we’re hearing from Scott Bessent, we’re hearing from, you know, the folks at the White House, the economic advisors, is that they’re fully expecting we’re going to have an economy that’s growing and very, very strong first quarter, second quarter of next year.”

Holding over a million dollars in Big Oil stock, Whatley pushed for the Iran War and has seen his oil stocks spike by up to “219,660.” As Whatley profits at the expense of North Carolina families paying nearly 50% more for gas, Whatley is downplaying the war, calling it “not even a war” and suggesting American service members aren’t making a sacrifice – despite 13 troops killed and hundreds wounded.    

Whatley also cheered on Trump’s actions in Venezuela as he reaped up to “$63,000” in a single weekend from his investments in Big Oil companies. 

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