… can turn into kinetic energy within the economy and we will bounce back quickly after that. And the other thing that I think is important to know here is that If the oil price was below 60 at the beginning of the year, once this conflict is over and resolved in favor of the U.S. I think there is a chance we can move to a substantially lower oil price regime over the medium term. A different question as it relates to the Fed. I mean this is hypothetical, but if we were in a scenario, I mean I think if you look at the … (31:20–31:37)
CLAIM
Asserts the potential for lower oil prices if a conflict resolves favorably for the U.S.
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.
