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Scott Bessent: “Gas oil prices are actually lower than they were on February…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Published | Video Starts at 05:59

Inflation is going to come back down it's largely dominated, as you said, by gasoline in many states. We're back to around 350. I think we can get back to $3, hopefully maybe by Labor Day. And Gas oil prices are actually lower than they were on February 27th when the conflict started on February 28th. So gasoline prices a little stickier on the way down. We're trying to give the gasoline retailers a little bit of a nudge. (05:59–06:08)

CLAIM

Asserts that gas oil prices are lower than they were before the Iran conflict began.

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