Energy Secretary’s grim forecast: $3 gas may be more than a year away for Americans
U.S. Energy Secretary Chris Wright stated gasoline prices may not fall below $3 per gallon until 2027.
The national average currently sits at $4.04 per gallon, a significant increase from pre-war levels.
The ongoing conflict with Iran and the closure of the Strait of Hormuz are primary drivers of the price surge.
The high prices represent a stark reversal from Trump’s 2024 campaign promise to bring gas below $2 per gallon.
Polling indicates widespread public disapproval of the administration’s handling of inflation and the war’s economic impact.
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