Energy Secretary Chris Wright said the Strait of Hormuz, a critical passageway for oil shipments, remained unsafe for tanker passage. Iran has been firing projectiles and laying mines.
Chris Wright boasted he's "proud" of Trump’s handling of the Iran war, claiming the president is "all about low gas prices, low diesel prices, low energy prices.”
Energy Secretary Chris Wright said Sunday there are "no guarantees" when gas prices will fall, acknowledging the Strait of Hormuz remains unsafe.The big picture: Administration officials are adamant the pump price shock will be short-lived pain for a geopolitical gain. But the spike in prices threatens to become a political liability.Yet the Energy…
Trump Cabinet Secretary Says Admin Has Trick Up Its Sleeve To Ease Oil Price Rise Amid Iran Conflict
Depending upon the timing and the manner in which this conflict comes to an end, we're going to see some elevated pricing until we get there'
Energy Secretary Chris Wright said there’s “a very good chance” gas prices could drop below $3 per gallon by summer.
Energy Secretary Chris Wright said Sunday that Americans can expect to experience high prices at the gas pump “for a few more weeks” amid the U.S. conflict in Iran. “Yes, it is a short-term disruption in the flow of energy. Americans are feeling it right now. Americans will feel it for a few more weeks,…
The price of regular gas is currently at a national average of around $3.70 per gallon, up from around $2.98 a month ago, according to AAA.
The UK government is preparing targeted support to help lower-income households with soaring energy bills as oil prices, fueled by the Iran war, exceed $100 a barrel.
