It's Monday, May 4th, 2026 from Peachfish Productions.

It's the gist.

I'm Mike Pesca.

Pain at the pump and the Persian Gulf.

Oil should be about $60 a barrel.

I mean, that's what it was two months ago.

It usually goes up a little bit as summer approaches.

No, no, it's a buck 08.

I don't know by the time you hear it.

It could be a buck 15. it's a buck 08. I don't know about the time you hear it. It could be a buck

015. Could be a buck 02. And that, sir, that distance between should and is, that is the Persian

Gulf. President Trump had his assurances about prices, and that's why he made this analogy a couple

days ago. The gas will go down. As soon as the war's over, it'll drop like

Iraq. Like a rock. Oh, that is not a good comparison. The conflict in Iraq means that you're

paying more at the pump. Okay, not that. Iraq, more a rock. But then this week, on this week,

Martha Raditz asked economist Diane Swank about this.

And Diane, President Trump had also said gas prices will drop like Iraq when the Iran war ends.

There's no sign that that's going to happen.

Soon, Transportation Secretary Sean Duffy, our next guess a few weeks ago thought there would be a very quick rebound in energy prices

once the conflict is resolved. Do you agree? Well, what we usually see is when oil prices go up

and gas prices at the pump go up, they go up like a rocket and they fall like a feather.

So not down like a rock, but up like a rocket.

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