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Post details: “When We Have The Confrontation” With Iran, “The Price of Oil Will Come Down”
I'm sure some of you were worried about the price of gas, with the large increases recently and projected 10-20% increases in price over the summer, but there's good news on the horizon. Others among you were probably worrying about Iran, but that also has a silver lining. Soon everything will be solved!
Steve Forbes: “When We Have The Confrontation” With Iran, “The Price of Oil Will Come Down”
Appearing on Fox News this weekend, Steve Forbes said the way to lower gas prices is to “have the confrontation with Iran.” Forbes warned Fox viewers that “the longer we let it fester, the higher the price of oil will stay.” Watch it:
Transcript:
FORBES: Well, it’s interesting. And about $15 a barrel on the price of oil today is worry about Iran, that crisis.
HOST: So, without Iran, the price of oil would be $15 less per barrel is what you’re saying.
FORBES: Yes, it would. There is real uncertainty, huge producer. But the bottom line with Iran is, when we have the confrontation, which we will have, we can really deal with that crisis. Then the price of oil will come down. The longer we let it fester, the higher the price of oil will stay.
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