Wright: Gas prices dropping below $3 ‘might not happen until next year’

Source: The Hill News · Bias: Center

Summary

Energy Secretary Chris Wright said Sunday that gas prices may not drop below $3 until next year, as energy prices spike amid Iran’s restrictions on shipping through the Strait of Hormuz. “I don’t know. That could happen later this year. That might not happen until next year,” Wright told host Jake Tapper on CNN’s “State…

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Wright: Gas prices dropping below $3 ‘might not happen until next year’
The Hill News

Wright: Gas prices dropping below $3 ‘might not happen until next year’

Center

Energy Secretary Chris Wright said Sunday that gas prices may not drop below $3 until next year, as energy prices spike amid Iran’s restrictions on shipping through the Strait of Hormuz. “I don’t know. That could happen later this year. That might not happen until next year,” Wright told host Jake Tapper on CNN’s “State…