Gas prices top $4 a gallon as Strait of Hormuz stays closed
Energy Secretary Chris Wright acknowledged Sunday that gasoline prices may not fall below $3 a gallon until next year, walking back an earlier prediction he made just weeks ago that cheaper fuel was imminent.
TL;DR
- Gasoline prices may not fall below $3 a gallon until next year.
- Energy Secretary Chris Wright revised his earlier prediction.
- The earlier prediction suggested that cheaper fuel was imminent.