When will gas prices drop in US? Trump's energy secretary makes grim forecast: ‘Might not happen until…’
Business

When will gas prices drop in US? Trump's energy secretary makes grim forecast: ‘Might not happen until…’

Mint·2h ago·Fear

What Happened

US Energy Secretary Chris Wright stated gasoline prices may not drop below $3 per gallon until 2027, citing Iran conflict impacts. Average prices surged above $3 following US-Iran hostilities. Wright acknowledged extended timeline while suggesting prices have likely peaked and will decline with conflict resolution.

Key Entities

Chris WrightTrump AdministrationUnited StatesIranGasoline PricesMidterm Elections

AI Tools

Original Source

MintRead original →