Energy Secretary Chris Wright said Sunday that Americans will likely have to deal with a few more weeks of high gas prices due to the U.S.-Israel war against Iran.
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…
President Trump is downplaying concerns about rising gas and oil prices that have been badly exacerbated by the war in Iran. Both the president and members of his Cabinet have described rising prices as a “small price to pay” to achieve their goals in Iran. Trump also argued that rising prices are good for the…
Energy Secretary Chris Wright said there’s “a very good chance” gas prices could drop below $3 per gallon by summer.
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 economic risks of the war in Iran are getting real for Americans at home. Stock markets ended the week down again as the conflict dragged on. This as U.S. crude oil costs are pumped up. Andres Gutierrez has more on the energy shock.
Energy Secretary Chris Wright said high gas prices will continue for “a few more weeks” due to the war in Iran and the Iranian regimes choke on the Strait of Hormuz. Wright appeared on NBC’s Meet the Press and discussed how the conflict is affecting gas prices for Americans, but said the war could be…
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'
