US Energy Secretary Predicts Sustained High Gas Prices
The US Energy Secretary has stated that gasoline prices may remain above $3 per gallon for an extended period, potentially not dropping below that threshold until 2027 or next year. This projection suggests a prolonged period of elevated costs at the pump for consumers.
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Energy Secretary Says Gas Prices May Stay Above $3 Until 2027
Secretary of Energy Chris Wright’s acknowledgment in a TV interview undercut President Trump’s earlier claim that price increases would be “short-term.”
By Minho Kim and Tim Balk
Read full article →Trump energy secretary says gas prices might not drop back under $3 a gallon until 2027
Chris Wright says ‘I don’t know’ when asked about lower cost of gas as average price soars to $4 a gallon in US Chris Wright, the Trump administration’s energy secretary, acknowledged Sunday that it might not be until 2027 before US gas prices come back under $3 a gallon. Asked by Jake Tapper, the CNN State of the Union host, when he thought “it’s realistic for Americans to expect the gas will go back to under $3 a gallon”, Wright replied: “I don’t know. That could happen later this year. Tha...
By Michael Sainato
Read full article →Energy Secretary: Gas prices below $3 per gallon ‘might not happen until next year’ - CNN
Energy Secretary: Gas prices below $3 per gallon ‘might not happen until next year’ CNN
Read full article →Gas prices may not drop below $3 a gallon until next year: Energy Secretary Wright
Gas prices are more than $4 per gallon on average in the U.S. right now, a massive spike from just months ago.
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