Donald Trump · Axios
Trump's energy boss wavers on gasoline price path
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Energy Secretary Chris Wright on Sunday cautiously predicted gasoline price relief is on the way, but stopped short of firm or precise pledges.
Key facts
- U.S. regular gasoline prices averaged $4.15 per gallon Sunday, per AAA data
- Energy Secretary Chris Wright on Sunday cautiously predicted gasoline price relief is on the way, but stopped short of firm or precise pledges
- Pump prices are at their highest Labor Day weekend levels on record, and the midterms loom less than two months away
- On that show and others, Wright noted that U.S. gasoline demand typically falls after Labor Day with the end of the traditional summer driving season
Summary
Pump prices are at their highest Labor Day weekend levels on record, and the midterms loom less than two months away. His appearances on Sunday political shows also comes as diesel prices, which ripple through the economy, are at all-time highs. "I think prices headed downward is, is not an unreasonable expectation," he said on CBS's "Face the Nation. On that show and others, Wright noted that U.S. gasoline demand typically falls after Labor Day with the end of the traditional summer driving season.