US Drivers Face Long-Term Pain at Pump, Analysts Say; Trump Bets They Are Wrong

CNBC’s Sara Eisen Swipes At Trump Econ Adviser For ‘Brushing Off’ Americans’ Pain at the Pump

CNBC’s Sara Eisen, who’s guest hosting The View this week, swiped at Trump economic adviser Kevin Hassett for dismissing Americans’ pain at the pump due to the war with Iran. Whoopi Goldberg played tape of Hassett calling the U.S. economy “fundamentally sound,” adding that if gas prices were to remain high, “it wouldn’t really disrupt the U.S. Economy very much at all.” Hassett admitted, “It would hurt consumers and we’d have to think about, you…

US drivers face long-term pain at pump, analysts say; Trump bets they are wrong

President Donald Trump and congressional Republicans are betting the oil-price shock sparked by the Iran crisis will be too short-lived to hurt them politically in November, but traders and industry analysts see signs that U.S. pump prices will stay painfully high long after any diplomatic breakthrough.

Oil prices: US drivers to face long-term pain?

Analysts predict US drivers will face long-term pain at the pump, despite Trump's prediction of falling oil prices after the Iran crisis. Read more at straitstimes.com.

US Drivers Face Long-Term Pain at Pump, Analysts Say; Trump Bets They are Wrong - Energy News, Top Headlines, Commentaries, Features & Events

Summary US EIA lifts forecast for average 2026 crude price by 37% EIA’s average gasoline price estimate for 2026 is up 15% US pump price of $3.79/gallon is up from $2.92 a month ago (Reuters) – President Donald Trump and congressional Republicans are betting the oil-price shock sparked by the Iran crisis will be ...