Trump Energy Secretary Warns Gas Prices Won't Be Falling Any Time Soon Despite Previously Saying They Would Drop by Summer
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Trump Energy Secretary Warns Gas Prices Won't Be Falling Any Time Soon Despite Previously Saying They Would Drop by Summer
"By the summer is aggressive timeframe now. You know, going into this, this is a 47-year long conflict with Iran that's repeatedly not only been a threat to American soldiers and peace in the Middle East, but also a threat to energy supplies."
"The president knew going into this that if you disrupt the flow of energy through that, in the short term you're going to push up energy prices. In fact, I'm very proud of a president who in his first term and his second term has done everything he can to grow supply and therefore push down the price of energy."
"I'm not gonna let Iran become nuclear-armed with a massive weapons missile stockpile so that they can never be de-fanged. We just have to live with this massive energy overhang in the Middle East that got worse."
U.S. Secretary of Energy Chris Wright indicated that gas prices are not expected to fall in the near future. He acknowledged previous predictions of lower prices by summer but noted that geopolitical tensions, particularly regarding Iran, have complicated the situation. Wright emphasized the long-standing conflict with Iran as a significant factor affecting energy supplies. He expressed pride in the president's commitment to addressing these threats, despite the short-term disruptions to energy prices.
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