Chris Wright, the Energy Secretary, stated that there could be a decrease in gas prices by the upcoming summer.
Wright, in an interview with NBC News “Meet the Press” on Sunday, expressed optimism when asked about the possibility of gas prices falling below $3 per gallon by summer.
“There’s a very good chance that’ll be true,” said Wright.
According to Wright, the U.S. is on the brink of “removing the risk” posed by Iran’s ongoing threat to global energy supplies. He anticipates a post-war scenario where energy is “more abundant, more affordable, and less risky for American soldiers and commerce in the Middle East.”
On the topic of the Strait of Hormuz’s safety for ships, Wright acknowledged the current risks but assured that its reopening is a major post-conflict goal. He emphasized that while war outcomes can’t be guaranteed, the administration is committed to achieving a potential drop in gas prices.
The U.S.-Israeli war on Iran has been a significant …
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