They can't afford to do that at 50, 55 a barrel. Now, talk about where we are today. Unfortunately, we don't like it. But here's where we are. We feel certain once the Iran conflict is over and the Strait of Hormuz is back open, gas will be back down to normal levels. but at 100, 110 a barrel. Yeah, they're going to look at that, but we know that's not sustainable. So there's the uncertainty also that we have to think about. (15:43–15:51)
CLAIM
Asserts that gas prices will return to normal levels once the Iran conflict is resolved and the Strait of Hormuz is open.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
