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Sagar

πŸ‘€ Speaker
4596 total appearances

Appearances Over Time

Podcast Appearances

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

Thank you, guys.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

turning now to the economy and part of the reason that Donald Trump is desperate to wrap things up with Iran.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

Let's put this up here on the screen.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

I love this story.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

Trump says that the energy secretary is, quote, totally wrong on gas prices not dropping to $3 a gallon until next year.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

President Trump spoke to The Hill on Monday, and he disagreed with the Secretary of Energy Chris Wright's assessment that gas prices may not drop below $3 per gallon until next year.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

Quote, no, I think he's wrong on that,

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

totally wrong.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

When asked if he believes gas prices will drop, he said, quote, as soon as this ends.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

Wright had previously told CNN Sunday gas prices may not drop below $3 a gallon until next year amid shipping restrictions in the Straits of Hormuz.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

I don't know that could happen later this year.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

That might not happen until next year, quote, but prices have likely peaked and they will start to go down.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

The secretary added, certainly with the resolution of the conflict, you will see gas prices go down.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

Prices across the board on energy will continue to go down.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

So gas remains about $4.02 a gallon nationally, remains very high and stabilizing right around probably, I don't know, 390, four bucks a gallon.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

But the point of the below $3 gallon is where we all were on February 27th,

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

On February 27th, the day before the war launched, gas was $2.90 a gallon.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

So the $1 or so increase where there's likely to be some sort of stabilization translates into tens of billions of dollars every single month that America must spend on gas than it was not previously.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

And I think that is the most direct consequence.

Breaking Points with Krystal and Saagar
4/21/26: US Seizes Iranian Ship, Energy Crisis Spirals, Trump Says No Ceasefire Extension

Diesel actually still remains one of those where if you're not a trucker, if you don't work