In Short:
– “No Kings” protests occurred nationwide against perceived authoritarianism linked to Trump, gathering over 100,000 participants in NYC alone.
– Demonstrators voiced concerns over democratic values, with bipartisan support despite Republican criticism of the movement.

Protests labelled “No Kings” took place across the United States on Saturday, rallying against perceived authoritarianism and corruption associated with President Donald Trump.

Participants of all ages gathered at over 2,600 locations, expressing opposition to Trump’s policies that they believe threaten democratic values.

The events were largely peaceful, featuring costumes and festive atmospheres. Demonstrators in New York City, estimated at over 100,000, reported no protest-related arrests, highlighting the orderly nature of the gatherings.

Similar crowds emerged in cities like Boston, Philadelphia, and Seattle, reflecting increasing discontent about Trump’s actions and policies.

Public Sentiment

Protesters expressed concerns over issues such as the alleged targeting of Trump’s political opponents and militarised immigration tactics. Many participants, including military veterans and former Republicans, voiced their frustrations with the current political climate.

The rallies aimed to further the momentum from previous protests conducted on Trump’s birthday in June.

Despite minimal comments from Trump about the protests, supporters from both mainstream and progressive factions of the Democratic Party endorsed the movement.

House Speaker Mike Johnson dismissed the protests as anti-American, joining other Republicans in cautioning against the potential for heightened political tensions.

The demonstrations captured a significant segment of public sentiment, wary of shifts in governance and advocating for the preservation of democratic norms. Participants aimed to make their voices heard, emphasising their commitment to civic engagement amidst a heavily polarized political landscape.

In Short:
– U.S. oil prices are at their lowest in nearly five years, with futures at $56.99 per barrel.
– Consumers benefit from falling fuel prices, with gasoline averaging $3.057 per gallon, about 15 cents lower than last year.

A growing surplus of crude oil is driving U.S. oil prices to their lowest levels in nearly five years.

U.S. oil futures closed at $56.99 per barrel, reflecting a 2.2% drop on the day and a 19% decline compared to a year ago. This marks the lowest price since February 2021 and comes amid fears of a global economic slowdown.The decline benefits consumers, likely leading to lower prices for gasoline and other fuel types.

Retail prices for regular unleaded gasoline averaged $3.057 per gallon, about 15 cents lower than last year. In several states, prices have fallen below $3 a gallon, with the Energy Information Administration projecting a national average of $2.90 next year.

U.S. oil producers are facing challenges with narrowing profit margins and job losses, despite record production levels surpassing 13.6 million barrels a day. The Organization of the Petroleum Exporting Countries (OPEC) is adjusting its production levels, anticipating a rise in demand next year while aiming to regain market share from U.S. and other producers.

Future Expectations

Chinese stockpiling has temporarily masked the oversupply, with imports up 3.9% in September.

However, rising tensions in the trade war between the U.S. and China are raising concerns about weakened global oil demand amid slowing economic growth.