Good morning, everybody. It's Thursday, April 16th, 2026, and this is first. Look, we've got a strong lineup for you this morning. Here's what we're tracking.

Gas prices could drop back to $3 a gallon, but the timeline depends heavily on Iran and the Strait of Hormuz.

A heroic Oklahoma principal takes down a would-be school shooter after being shot himself.

And later, President Trump unveils a massive 250-foot triumphal arch for America's 250th anniversary, sparking praise

and backlash.

Let's get into it.

We start with gas prices and a prediction from Treasury Secretary Scott Besant that's getting

a lot of attention.

Besson said Wednesday that Americans could see gas

prices drop back to $3 a gallon, but the timeline is broader than originally expected.

He laid it out clearly, sometime between June 20th and September 20th.

Now that's a shift from earlier optimism that we might see $3 gas by the start of summer.

Even Energy Secretary Chris Wright has recently said that timeline is aggressive.

During a White House briefing, Fox News's Peter Deucy pressed Besson directly, asking when Americans

will really see relief. Besson didn't dodge it. He tied the

entire timeline to one thing, Iran and ongoing negotiations. He said the U.S. has upheld its side of a ceasefire.

We've stopped firing, as he put it, but the Strait of Hormuz has not fully reopened, and that's

the key bottleneck.

And this is where it gets important.

Besson said he's been meeting this week with Middle Eastern finance ministers during what

he called Bank Week in D.C.

And they've told him that once the Strait is fully open, they can ramp up oil production

...