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Energy Secretary Says Gas Prices May Stay Above $3 Until 2027

In brief

Energy Secretary Chris Wright's recent television remarks suggest that gasoline prices could remain elevated above the $3 per gallon threshold through 2027, presenting a significant challenge to the Trump administration's economic agenda. This projection contradicts earlier White House assurances that any price increases would be temporary, raising concerns about long-term consumer spending power and inflation management in the coming years.

Energy Secretary Says Gas Prices May Stay Above $3 Until 2027
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.” continue reading...

Author
The New York Times

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