Trump administration pumps brakes on promise of sub-$3 gas, as Iran war drives prices higher
Energy Secretary Chris Wright acknowledged Sunday that gas prices might not fall below $3 a gallon until next year -- a notable shift from his earlier prediction that relief was just weeks away.
TL;DR
- Energy Secretary Chris Wright acknowledged that gas prices may not fall below $3 a gallon until next year.
- This is a shift from his earlier prediction that relief was expected within weeks.
- The revised forecast suggests consumers may face higher gas prices for a longer period.