Bessent Says Trump’s Energy Agenda Could Push Gas Prices Even Lower After Iran Conflict

Treasury Secretary Scott Bessent has projected a significant drop in domestic fuel costs once current geopolitical tensions subside, credited to the administration's aggressive "Drill, Baby, Drill" strategy. During a recent economic forum, Bessent argued that while the Iran conflict has created temporary market volatility, the groundwork laid by the 2025 energy executive orders has positioned the U.S. to become a global price setter for crude oil. Bessent emphasized that by decoupling the American economy from foreign energy dependencies and maximizing domestic refinery output, gas prices could fall well below current levels once "Operation Epic Fury" concludes. He dismissed critics who warned of long-term inflation, asserting that the combination of expanded federal leasing and streamlined permitting is creating a supply cushion that will provide permanent relief to American families at the pump. #ScottBessent #GasPrices #EnergyIndependence #TrumpEconomy #BreakingNews #OilPrices #DrillBabyDrill #Economy2026 #TreasuryDepartment #FuelCosts