Asks about gas price outlook
speaker1
speaker2
Gas price outcome depends on negotiations; President Trump says nearing end; U.S. has kept ceasefire; Strait of Hormuz not fully reopened
speaker2
Optimistic gas will be $3/gallon during summer, sooner rather than later
speaker2
Meeting with Middle Eastern finance ministers during Bank Week; they say once Strait is open, can start pumping within one week
Clarifies timeline: not by Memorial Day, maybe by Labor Day
speaker1
Suggests Labor Day as potential timeframe
speaker4
speaker2
Optimistic for $3 gas between June 20th and September 20th
speaker2
Watching gas stations to ensure they lower prices as quickly as they raised them when crude oil prices went up
Crude oil prices have come down substantially in past 10 days