{"id":430967,"date":"2026-05-26T20:00:18","date_gmt":"2026-05-26T13:00:18","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/nec-hassett-energy-prices-will-drop-once-the-strait-of-hormuz-is-opened\/"},"modified":"2026-05-26T20:00:18","modified_gmt":"2026-05-26T13:00:18","slug":"nec-hassett-energy-prices-will-drop-once-the-strait-of-hormuz-is-opened","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/nec-hassett-energy-prices-will-drop-once-the-strait-of-hormuz-is-opened\/","title":{"rendered":"NEC Hassett: Energy prices will drop once the Strait of Hormuz is opened"},"content":{"rendered":"<div>\n<ul>\n<li>Should see lower oil prices once the strait opens.<\/li>\n<li>Stocks are celebrating the gains in productivity<\/li>\n<li>Consumers will feel falling oil prices &#8220;right away&#8221;<\/li>\n<li>The price of gas has to come down. <\/li>\n<\/ul>\n<p>The AAA price of gas is currently at $4.49 down modestly from most recent highs near $4.54.  A month ago it was at $4.10. A year ago it was at $3.18.  <\/p>\n<p>The price of crude oil moved to a low of $89.41 and below an upward sloping trend line from the February low. The inability to stay below that MA gave the buyers the go-ahead ot push higher.  <\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Should see lower oil prices once the strait opens. Stocks are celebrating the gains in productivity Consumers will feel falling oil prices &#8220;right away&#8221; The price of gas has to come down. The AAA price of gas is currently at $4.49 down modestly from most recent highs near $4.54. A month ago it was at [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-430967","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=430967"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430967\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}