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Sunday, April 19, 2026

US Energy Chief Says Gas May Not Dip Below $3 Until Next Year

 


US 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.

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