White House Economist: ‘More Oil Than You've Ever Seen' Is Coming, and Prices Are About to Drop

Kevin Hassett said the recent calm in oil markets is "a ledge, not a landing," signaling that current stability in crude prices may not persist. The comment is more cautionary than market-moving, with limited immediate impact absent a concrete policy or supply-demand shift.

Analysis

Kevin Hassett said the recent calm in oil markets is "a ledge, not a landing," signaling that current stability in crude prices may not persist. The comment is more cautionary than market-moving, with limited immediate impact absent a concrete policy or supply-demand shift.