Chris Wright says ‘I don’t know’ when asked about lower cost of gas as average price soars to $4 a gallon in US
Chris Wright, the Trump administration’s energy secretary, acknowledged Sunday that it might not be until 2027 before US gas prices come back under $3 a gallon.
Asked by Jake Tapper, the CNN State of the Union host, when he thought “it’s realistic for Americans to expect the gas will go back to under $3 a gallon”, Wright replied: “I don’t know. That could happen later this year. That might not happen until next year.”
So never.
And the gas cos will be so proud of their record profits.
Why would they? The Strait is still closed right now, is it not?
Oil just jumped 7% in the past hour.
Still dead cheap.
Here in the Canary Islands (Spain) it’s 5,10 - 5,50 $, in Germany around 9,40 $ per gallon…
Much of this is taxes, though. Also to nudge people towards driving less, use public transport or buy electric vehicles.
About time to move away from oil and gas…
Compared to other developed nations, yes, but it still hits Americans very hard because cars are by no means a luxury in the vast majority of places and circumstances in America.
It’s not something you can just forego and be a few minutes late on a crowded tram or not be able to stop for coffee on the way; even in places with relatively good public transit intrastructure that aren’t the largest of the largest cities, it could be the difference between being there in 15 minutes and being there in two hours with no way back except a $30 cab ride because you miscalculated and missed the last (but still pretty early) bus by two minutes.
And they will stay above that if he has anything to do with it.
Typical gaslighting, everyone knows that it will never come back down, because they want everyone to take it up the rump for Trump by paying out their nose for everything.
I hope trump and the Republican party learns just how much the median US voter cares about gas prices.
Sure, but a good chunk will suddenly stop caring because Daddy told them to 😔
Once they manage to sell their pickup trucks. Never seen so many on the market XD
There’s been so much inflation that $3/gallon would be really cheap, even for gasoline in the US, by the standards of the last 20 years or so. A very arbitrary number to get stuck on.
US Average Gasoline Price Adjusted for Inflation
$4/gallon just isn’t that high, not much out of line with the last ~15 years.
I think higher fuel prices could be the impetus for quite a lot of alternative energy, alternative transport, and electrification investment. I think if you believe that free markets work, you’d really have to agree.
They try to keep gas tacked to minimum wage in the US on purpose
If the poors can’t drive to work the machine grinds to a halt.
That is if dems take the congress and start impeachment and removal proceedings for all from the top down including the supreme court
When it gets to 2027 they’ll manage to bring the price down, right in time for his third run.
I’m not sure he has the energy for such a thing, even if he makes it to the end of this term.
This is still relatively cheap compared to other developed nations.
