A certain type of counterfactual is thought to be intimately related to causation, control, and explanation. The time asymmetry of these phenomena therefore plausibly arises from a time asymmetry of counterfactual dependence. But why is counterfactual dependence time asymmetric? The most influential account of the time asymmetry of counterfactual dependence is David Albert?s account, which posits a new, time-asymmetric fundamental physical law, the so-called past hypothesis. Albert argues that the time asymmetry of counterfactual dependence arises from holding fixed the past hypothesis when evaluating counterfactuals. In this article, I argue that Albert?s account misconstrues the time asymmetry of counterfactual dependence.