US
US Energy Chief Says Gas May Not Dip Below $3 Until Next Year
A driver refuels a truck at a gas station in Hesperia, California, US.
Photographer: Kyle Grillot/BloombergUS gasoline prices may remain at $3 per gallon or more until next year, Energy Secretary Chris Wright said, contradicting Treasury Secretary Scott Bessent’s prediction of relief by summer.
Gas prices “have likely peaked” and are certain to decline once there’s a “resolution” to the US-Israeli war with Iran, Wright said on CNN’s State of the Union.