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

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

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

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.

Energy Secretary admits gas prices might not drop until next year

‘I don’t know’ when gas prices will come down, Trump energy chief tells CNN

By John Bowden