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Scott Bessent: “West Texas crude for the front month deliveries, about $92…”

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

Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media

Published April 15, 2026 | Video Starts at 38:47

No matter what that we pushed them to our allies, we helped stabilize the oil price. And as you can see, there were doomsday scenarios. Oil's going to 150, it's going to 200. It's going to $250. West Texas crude for the front month deliveries, about $92 or $93 now. letting the Iranians fake. Thank you, everybody. I know we have two very busy cabinet secretaries with us here today. Before we do depart, just one final announcement. (38:47–38:53)

CLAIM

Asserts that the current price of West Texas crude oil for front month deliveries is about $92 or $93.

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.

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Scott Bessent

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“Over 30 million seniors have claimed the enhanced deduction for seniors with an average deduction of 7,500.”
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“Over 1 million filers have claimed no tax on car loan interest on American cars for an average deduction of over $1,800.”
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“There was this narrative that I think over 2 million illegal aliens have either voluntarily deported or been deported.”
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“More than 45% of the filers of the returns that we have seen have had at least one of the four president's signature policies.”
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“We have had 5 million families file for Trump accounts for their children.”
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“1.2 million of those [families] are eligible for the $1,000 seed bonus.”
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“As of April 12, over 53 million filers number 40. Nearly 45% claimed one of President Trump's signature tax cuts.”
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“The average tax cut for filers benefiting from one of president's new tax cuts is over $800.”
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“The average refund this filing season is over $3,400.”
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“Over 34 million families have claimed Republicans enhanced child tax credit which is permanently doubled and expanded by the working…”
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“Over 105 million filers have claimed that permanently doubled standard deduction, simplifying tax filing for millions across America.”
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“70% of Americans still believe that they are overtaxed.”
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“It doesn't sound like we're going to have $3 a gallon gas by summertime, which we had initially been told by the energy secretary.”
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“The Straits of Vermouth have not been completely reopened.”
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“Middle Eastern counterparts, finance ministers, say that once the [Straits of Vermouth] are open, they can start pumping again within one…”
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“I am confident that the process that we laid out in terms of Kevin Warsh becoming the next Fed chair, he's going to have the hearing on the…”
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“We have pushed out to them the request that we want to freeze more funds of the leadership of the IRGC and any members of Iranian…”
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“We have told countries that if you are buying Iranian oil, that if Iranian money is sitting in your banks, we are now willing to apply…”
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“It's now up to 40 billion. It's run through the DFC and we are waiting for the ships to be able to get some symbols of normality and then…”
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“53 million Americans have used one of these new tax exemptions the president enacted.”
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“This is the America First Americans, hard working Americans keeping more of their money, just like with our small businesses.”
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“The trade deficit dropping with China since last summer, there's been great stability in the relationship.”
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