Chris Wright Declines to Predict Gas Prices in CNN Interview
Wright declined to forecast pump prices as AAA said the national average hit $4.15, the highest Labor Day weekend level on record.
- On Sunday, Energy Secretary Chris Wright declined to offer a firm gasoline price forecast during a CNN appearance. He instead referenced futures markets suggesting potential relief, despite record-high pump prices over the Labor Day weekend.
- Hostilities in the Strait of Hormuz have disrupted shipping and killed over a dozen civilians, while damage to Russian refineries has limited global supply. These factors have strained energy markets since the conflict began in February.
- In March, Wright told CNN's Jake Tapper that gas prices might remain above $3 until 2027. These projections drew criticism from President Donald Trump, who later publicly stated, "I think he's wrong on that," adding friction to administration messaging.
- According to the American Automobile Association , U.S. regular gasoline averaged $4.15 per gallon this Sunday. Global crude benchmarks closed above $96 per barrel on Friday, Sept 4, 2026, representing potential upside risks that may offset anticipated price declines.
- Wright suggests costs will likely decrease after the summer driving season ends following Labor Day on Sept 7, 2026, as gasoline futures for delivery two months ahead are trading $0.30 lower than current levels.
37 Articles
37 Articles
Fuel prices at record Labor Day high in US thanks to Iran War and refi
It’s never been more expensive in the U.S. to fill up the tank and take one last summer trip over the Labor Day weekend. The average price of regular gas was $4.14 a gallon heading into the
Energy Sec: I Don’t Have An Opinion On Gas Prices
The Hill reports: Energy Secretary Chris Wright on Sunday said he did not “want to have an opinion” on the direction of gas prices Americans are paying, which are above $4 per gallon on average at the pump in the U.S. “You said on this show five months ago that high gas prices had peaked, … The post Energy Sec: I Don’t Have An Opinion On Gas Prices appeared first on Joe.My.God..
Energy Secretary Chris Wright Dodges Gas Price Questions As U.S. Pump Costs Exceed $4 Per Gallon
Energy Secretary Chris Wright deflected questions Sunday about the rising cost of gasoline for American consumers, saying he did not “want to have an opinion” on the direction of prices. Gas prices across the United States have climbed above $4 per gallon on average, putting fresh pressure on the administration to address energy costs for […]
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