Chris Wright Declines to Predict Gas Prices in CNN Interview
Chris Wright said gasoline production will rise and demand will fall, while noting prices may not drop below $3 until 2027, CNN reported.
- This Labor Day Weekend, Energy Secretary Chris Wright declined to provide a gas price forecast on CNN, despite host Dana Bash pressing him on record-high fuel costs.
- The administration faces intense pressure to stabilize fuel prices ahead of the midterms, as the United States remains engaged in a 47 year conflict with Iran that continues to threaten global economic stability.
- AAA reports the national average gas price in the United States is $4.147 per gallon, a record high, while more than a dozen civilians have died in attacks in the Strait of Hormuz.
- When pressed by Bash regarding shipping safety, Wright avoided giving guarantees, emphasizing instead that gasoline production is expected to rise while demand decreases, suggesting prices might eventually decline.
- Wright, who previously told CNN host Jake Tapper that prices would remain above $3 for "weeks," now says he "didn't want to have an opinion" on future costs, despite futures markets indicating a decrease of more than 30 cents.
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Trump's energy boss wavers on gasoline price path
Energy Secretary Chris Wright on Sunday cautiously predicted gasoline price relief is on the way, but stopped short of firm or precise pledges.Why it matters: Pump prices are at their highest Labor Day weekend levels on record, and the midterms loom less than two months away.His appearances on Sunday political shows also comes as diesel prices, which ripple through the economy, are at all-time highs."I think prices headed downward is — is not an…
Trump’s Energy secretary embarrassingly says he no opinion on future of gas prices
Chris Wright declines to say when gas prices will begin to go down, but claimed that loosening fuel standards would counterbalance continued conflict in the Strait of Hormuz
By Auzinea Bacon, CNN - U.S. Energy Secretary Chris Wright said Sunday that gasoline prices are likely to fall in the coming months, even as the Americas faced record prices over Labor Day weekend and the trade war with Iran intensified. “Gasoline production
Chris Wright Declines to Predict Gas Prices in CNN Interview
"I don't want to have an opinion on that," Energy Secretary Chris Wright told a stunned Dana Bash after she asked him for his take on gas prices. The post ‘I Don’t Want to Have an Opinion’: Trump Official Dodges When CNN’s Dana Bash Presses Him for a Prediction on Gas Prices first appeared on Mediaite.
Transcript of interview with Energy Secretary Chris Wright, Sept. 6, 2026
Energy Secretary Chris Wright discussed the potential for declining fuel prices, attributing expectations to increased supply from American refiners and reduced demand following Labour Day. He emphasised ongoing military and economic measures against Iran while indicating a need for enhanced oil production from various sources, including Venezuela and Alaska.
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