Steve Moore: We Could See Gas Go Down Under $3 by Mid-Summer if the Strait of Hormuz Reopens

MOORE: “Every question these days revolves around that one big issue, will the Straits of Hormuz be open for commerce, and can we get the oil through? Because I do think you're looking at $3 gallon gas by the, I'm going to say mid-summer, if, if, if we start getting that flow going. You know, if you go back to before the bombing started in Iran, we had the lowest gas prices adjusted for inflation in like 50 years. So can we get back to that? Yes. And incidentally, every time that gas price falls, it's like a tax cut. It's a super stimulus for the economy. It's a reason to be bullish starting this summer on the U.S. economy generally.”

FindClipsBankNewsBaseRadioBankPodBankTranscriptBankPhotoBankPrintBankClipLiveClipperNewsClipperTVClipperWebClipperRadioClipperPodClipperGifCreatorNewsMonitorCityMonitorShareUploadGifsGalleryLiveShareShowCasterAboutNewsHow-ToRSSLoginRegisterNewsListsClips

Steve Moore: We Could See Gas Go Down Under $3 by Mid-Summer if the Strait of Hormuz Reopens‘The world is awash in oil, Stuart’News & PoliticsEXCERPT:MOORE: “Every question these days revolves around that one big issue, will the Straits of Hormuz be open for commerce, and can we get the oil through? Because I do think you're looking at $3 gallon gas by the, I'm going to say mid-summer, if, if, if we start getting that flow going. You know, if you go back to before the bombing started in Iran, we had the lowest gas prices adjusted for inflation in like 50 years. So can we get back to that? Yes. And incidentally, every time that gas price falls, it's like a tax cut. It's a super stimulus for the economy. It's a reason to be bullish starting this summer on the U.S. economy generally.”Video filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Audio filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Recipient e-mailMessage (optional)Preview

Source: Grabien Stories