6 days ago, Trump stated:
Here is the reality of the issue:
As the war with Iran enters its third month, drivers have become infuriated by rising gas prices – and inflation – and Donald Trump is facing a historic backlash in the polls. The president promised recently that relief will be swift once the war ends. “I see it going down very substantially when this is over, I think very rapidly too, at levels that you’ve never seen,” he said.
Experts say it’s not that simple. As the saying goes, gas prices shoot up like a rocket and come down like a feather.
Should peace be declared, prices could fall on a kneejerk move, but it will take several months – maybe years – for prices to retreat to previous levels of about $3 a gallon nationally because checking potentially damaged energy infrastructure in the Middle East and unsnarling supply chains takes time, say energy experts.
Just in case you doubt that article, here are other links that say the same thing:
Trump said they would even go lower than they were before (below $1.83) all of this started:
Is this a bald-faced lie or simply a lack of knowledge (incompetence)?
Trump's promise that we would have affordability this year, has gone out the window
and into:
Here is the reality of the issue:
Even if the Iran war ended today, US fuel prices aren’t likely to normalize this year
Sorry, US drivers, but don’t expect pump prices to return to prewar levels any time soon, even if the US and Iran agree to a lasting peace deal tomorrow.As the war with Iran enters its third month, drivers have become infuriated by rising gas prices – and inflation – and Donald Trump is facing a historic backlash in the polls. The president promised recently that relief will be swift once the war ends. “I see it going down very substantially when this is over, I think very rapidly too, at levels that you’ve never seen,” he said.
Experts say it’s not that simple. As the saying goes, gas prices shoot up like a rocket and come down like a feather.
Should peace be declared, prices could fall on a kneejerk move, but it will take several months – maybe years – for prices to retreat to previous levels of about $3 a gallon nationally because checking potentially damaged energy infrastructure in the Middle East and unsnarling supply chains takes time, say energy experts.
Just in case you doubt that article, here are other links that say the same thing:
Here's Why Oil Prices May Remain High Even If the Iran War Ends
Five reasons oil prices won't snap back from Iran warTrump said they would even go lower than they were before (below $1.83) all of this started:
Is this a bald-faced lie or simply a lack of knowledge (incompetence)?
Trump's promise that we would have affordability this year, has gone out the window
and into:
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