Pain at the pump might not ease up for American consumers until 2027, according to Energy Secretary Chris Wright, who said on April 19 that the price of a regular gallon of gas could stay above $3 for the rest of the year.
Wright said a price of $3 per gallon of gas “could happen later this year, [but] that might not happen until next year” in an interview that aired on CNN’s “State of the Union” program Sunday.
“But prices have likely peaked, and they’ll start going down certainly with a resolution of this conflict [in Iran],” Wright predicted while speaking about how the war has impacted energy prices….